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Gas-focused Qatar to exit OPEC in swipe at Saudi influence

Reuters  |  DOHA 

By Eric KnechtDOHA (Reuters) - Qatar said it will quit OPEC to focus on gas in a swipe at Saudi Arabia, the de facto leader of the oil exporting group which is trying to show unity in tackling an oil price slide.Doha, one of OPEC's smallest oil producers but the world's biggest liquefied natural gas (LNG) exporter, is embroiled in a row with OPEC members Saudi Arabia and the United Arab Emirates.It said the surprise decision to exit OPEC, which has 15 members including Qatar, in January was not driven by politics and it did not name Saudi Arabia, but Minister of State for Energy Affairs Saad ...

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First Published: Mon, December 03 2018. 21:57 IST
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