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Qatar Is Quitting OPEC

VOA: Qatar Quitting OPEC to Focus on Exports of Liquefied Natural Gas

Qatar says it is quitting the Organization of the Petroleum Exporting Countries (OPEC) from January 2019 to focus on exports of liquefied natural gas (LNG).

Speaking to reporters Monday in Doha, the country’s minister of state for energy affairs, Saad Sherida al-Kaabi, made the surprise announcement, saying that the world's largest exporter of LNG plans to increase its exports from 77 million tons of gas per year to 110 million tons.

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More News On Qatar Quitting OPEC

Qatar to pull out of Saudi-dominated OPEC amid Doha boycott -- AP
Qatar plans to leave OPEC to focus on natural gas -- The Hill
Qatar to withdraw from OPEC in January 2019 -- Al Jazeera
Qatar is pulling out of OPEC to focus on gas -- CNN
Qatar pulls out of Opec to focus on gas production -- The Guardian
Qatar quitting OPEC means the oil cartel is now just a ‘two-member organization,’ oil analyst says -- CNBC
Qatar Quits OPEC -- OilPrice.com
Why would Doha choose to leave Opec now?
Qexit is a surprise, but not a severe blow -- Robin Mills, The National

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