CLEAN : OPEC+ oil cut 'nothing political', UAE insists

Nick Hornstein introduces the event, highlighting its scale and transition plans. He emphasizes OPEC's technical credibility and the importance of unanimous decisions. Concerns about investment and production capacity post-pandemic are discussed. The event concludes with an invitation to participate.

What is the main focus of Adipex 2022 as introduced by Nick Hornstein?

• To highlight the event's growth and transition

• To showcase new technological innovations

• To announce a merger with another company

• To discuss political issues

How does OPEC ensure its decisions are made?

• Through random selection

• By following the directives of a single country

• Based on technical analysis and unanimous agreement

• Through a political voting process

What is emphasized about OPEC's decision-making process?

• It is always controversial

• It is decided by a single leader

• It is based on technical merits

• It is influenced by political factors

What concern is raised regarding production capacity?

• Overproduction leading to surplus

• Loss of capacity due to lack of investment

• Excessive investment in new technologies

• Political instability affecting production

What is the target production capacity by 2030?

• 5,000,000 units

• 10,000,000 units

• 3,000,000 units

• 7,000,000 units