Emirati Energy Minister Suhail Al Mazroui expected that the Nopek bill would be an American affair, but it would upset the balance of the market and would particularly affect shale producers and investors in it.

As Suhail Al Mazrouei predicted in a meeting with CNBC Arabia, today, Wednesday, the commitment to reduce production during the month of March, and to reach the stage of oil market balance during The next few months.

The Nopec Bill (NOpec) is an abbreviation of "No Oil Producing and Exporting Cartels", a project proposal that was proposed in 2007 in the corridors of the US Congress for discussion. Since that time, the controversy has renewed every now and then over it.

The bill aims to eliminate the immunity of the oil-exporting countries (OPEC), in addition to the rest of the national oil companies.

The United States is trying, through this law, to fight monopoly and pressure the rest of the world in order to increase the world's oil supplies and the resulting impact on prices. < / p>

Nevertheless, members of the US Congress have failed to pass the law so far due to the differing views of legislators.

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