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Qatar to leave OPEC
Energy
- 03 December, 2018
- 07:02
Baku. 3 December. REPORT.AZ/ Qatar announced plans to pull out of OPEC on Monday, just days before a crucial meeting between the influential oil cartel and its allies, Report informs citing CNBC.
Speaking at a news conference, Qatar's Energy Minister Saad al-Kaabi said the country would withdraw from OPEC on January 1, 2019, ending a membership which has stood for more than half-a-century.
Qatar’s daily oil output is 600,000 barrels.
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