francine: india's energy minister there at the adipec in abu dhabi speaking to our anchor, yousef gamal el-dinreturned to adipec where it yousef gamal el-din is still there following the developments. saudi arabia -- how does the energy minister plan to address the issue? yousef: he has quite the character and he made some very strong comments around what he thinks are unsustainable levels of energy prices paired the country has had to cut taxes to try to offset the impact on indian consumer is trying to keep oil and gas affordable to more than a billion people. it is not an easy task and know you have the energy transition on top of that as well. he has held a lot of by laterals here in abu dhabi and he said he made the strong impression that more needs to be done on that front. we also made get something about strategic reserves beyond the united states. he said that is only in emergency. tom: what else have you been hearing about that debate in washington around strategic reserves? yousef: everyone has a view on this. it is quite a spectrum of opinions paired the latest we had was from dan

yousef gamal el-din is on the ground, chasing everybody that is available. good morning. hey, manus, great to pick it up again. let's dive straight into more discussions. we are joined by the ceo of a nigerian company. thank you for stopping by here. i look at all the meetings and the discussions, trying to get sort of your sense of what the biggest take away is before you get on a flight. >> it's very obvious the energy industry is in a huge transition. everybody is making an adjustment to make sure we meet the target. obviously, the whole energy industry is adjusting and changing. of course, there are new opportunities. people have more cash development across the globe. so much is happening. we see a good opportunity. yousef: you have spoken in the past about nigeria's production problems. 1.4 5 million barrels per day, which is lower than where it theoretically is. how quickly can you ramp back up and get to that? mele: it's obvious that by the close of the year, we would get back to that. as you may be aware, when we mentioned this figure, we are only talking about fo

dani: the emirates airlines president speaking to yousef gamal el-din.onversations will continue later this morning. the ceo of airbus points us from that same event. don't miss that conversation, shortly after 8:00 a.m. u.k. time. this is bloomberg. ♪ dani: welcome back to "bloomberg daybreak: europe," i am any burner -- dani burger alongside manus cranny. we are watching for a virtual summit between xi and biden. what can we expect going forward? joining us is bruce einhorn. can you set expectations for us? what could come out of this summit? bruce: the biden administration senior officials are trying to lower expectations for this summit. they are saying we should not expect any great victories. the real point they say is it is about reestablishing communication at the top levels, to create some guardrails for the relationship, the idea being with all of these topics like taiwan, they want to make sure the two sides are talking to one another. i think that is the key thing we will get out of this. keep in mind it is a virtual summit because president