Qatar to withdraw from OPEC in 2019

Doha, Dec 3  Qatar intends to withdraw from the Organisation of the Petroleum Exporting Countries (OPEC) in January 2019, the country’s energy minister, Saad Sherida Kaabi said on Monday.

Qatar will continue fulfilling its international commitments after its withdrawal.

“Having left OPEC, Qatar will continue fulfilling its international commitments like any other nation that is not a member of this organisation,” Kaabi said at a press conference.

The country is set to brief OPEC on this decision later in the day.

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