Qatar is to leave OPEC next month, that is January 2019, the Gulf state’s new energy minister, Saad al-Kaabi, announced on Monday.
“Qatar has decided to withdraw its membership from OPEC effective January 2019,” Kaabi said at a Doha press conference.
He added that OPEC was told of the decision on Monday ahead of the announcement.
However, as at the time of filing in this report, details of Qatar’s exist from OPEC were not readily available for the press men.
Meanwhile, ACEGIST would keep you posted as the situation unfolds.
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