LNG

Qatar to withdraw from OPEC to focus on gas

Qatar will withdraw from OPEC in January amid deteriorating relations with its neighbours.
By Staff reporter 3 December 2018 0 33527

Qatar, the world’s largest LNG exporter, will withdraw from OPEC in January amid deteriorating relations with its neighbouring countries.

Saad al-Kaabi, the country’s minister of energy, denied the decision was politically driven and said it was triggered by government’s desire to focus on boosting Qatar’s liquefaction capacity to 110 mtpa from 77 mtpa.