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Qatar to withdraw from OPEC as of January 2019: minister

Reuters  |  DOHA 

By Eric KnechtDOHA (Reuters) - Qatar is withdrawing from the Organization of the Petroleum Exporting Countries (OPEC) as of January 2019, Saad al-Kaabi, the country's energy minister said on Monday.The decision came after Qatar, one of OPEC's smallest producers but the world's largest liquefied natural gas exporter, reviewed ways to enhance its role internationally and plan long-term strategy, including focusing on its gas industry, he said. "Qatar has decided to withdraw its membership from OPEC effective January 2019 and this decision was communicated to OPEC this morning," he told a news ...

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First Published: Mon, December 03 2018. 12:20 IST
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