Brazil will join the OPEC+ in January 2024. This was announced following the results of a ministerial meeting of the alliance.
"The meeting participants welcomed Alexandre Silveira, Minister of Mines and Energy of the Federative Republic of Brazil, who will join the OPEC+ Cooperation Charter from January 2024",
the OPEC+ said.
Brazil will become the 24th member country of the alliance.
According to media reports, a quota to limit production for this country has not yet been established.
Earlier it became known that the next meeting of the heads of the OPEC+ delegation would take place on June 1.
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