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2018-12-03 12:00:00

QATAR CANCELED IN OPEC

QATAR CANCELED IN OPEC

REUTERSQatar said on Monday it was quitting OPEC from January 2019 but would attend the oil exporter group's meeting this week, saying the decision meant Doha could focus on cementing its position as the world's top liquefied natural gas (LNG) exporter.

Doha, one of the smallest oil producers in the Organization of the Petroleum Exporting Countries, is locked in a diplomatic dispute with the group's de facto leader Saudi Arabia but said the move to leave OPEC was not driven by politics.

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Tags: QATAR, OPEC, OIL, GAS, LNG

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