Qatar to quit OPEC in January 2019


  • Qatar will withdraw from the Organisation of the Petroleum Exporting Countries (OPEC) in January 2019.
  • Qatar is the first Gulf country to leave the bloc of oil-producing countries.
  • Qatar is the world’s biggest supplier of Liquefied Natural Gas (LNG).
  • The OPEC is an intergovernmental organisation of 15 nations, founded in 1960 in Baghdad and headquartered in Vienna, Austria.
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