Qatar energy minister says decision to leave OPEC not political
Quitting OPEC the week of one of its most intensely watched meetings was not meant to be a slap in the face to the organization, nor a statement against geopolitical Continue Reading
Gas-focused Qatar to exit OPEC in swipe at Saudi influence
Qatar said it will quit OPEC to focus on gas in a swipe at Saudi Arabia, the de facto leader of the oil exporting group which is trying to show Continue Reading
Oman: Qatar’s Withdrawal From OPEC May Lead To Retaliation
Qatar’s withdrawal from OPEC is a surprise for Oman’s oil minister Mohammed bin Hamad Al Rumhi, who said in an interview with S&P Global Platts on Monday that Qatar might Continue Reading
Qatar’s Irrational Decision To Leave OPEC
OPEC’s future is once again up in the air after the decision by Qatar to leave the oil cartel on January 1 2019. Saad Al Kaabi, Qatar’s minister of energy, Continue Reading
Qatar to withdraw from OPEC and focus on gas exports
Qatar said on Monday it was quitting OPEC from January 2019 but would attend the oil exporter group’s meeting this week, saying the decision meant Doha could focus on cementing Continue Reading
Qatar Says It Will Withdraw From OPEC
Qatar Energy Minister Saad al-Kaabi said the country would withdraw from the organization by January 2019 at a press conference Monday, state-run company Qatar Petroleum said on its Twitter account Continue Reading
Qatar pulls out of Opec as relations with neighbours sour
Qatar plans to quit Opec next year as relations with its Arab neighbors sour, ending a near-six decade long membership of the oil price cartel. The emirate’s oil minister told Continue Reading
Qatar Looks To Revitalize Trade Amid Embargo
On November 7 Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, the deputy prime minister and minister of foreign affairs, announced that Doha was looking to expand trade and investment Continue Reading
Qatar’s Fund Pays $4.2B To Become Rosneft’s Third-Largest Shareholder
Qatar Investment Authority will pay some US$4.2 billion ( 3.7 billion euro ) for a 14.16-percent stake in Russia’s biggest oil producer Rosneft, thus becoming the third-largest single shareholder after Continue Reading
Qatar Plans 43% Boost In LNG Production Capacity
Qatar plans to increase its liquefied natural gas production capacity by 43 percent to 110 million tons annually, S&P Global Platts reports , citing the country’s Energy and Industry Minister. Continue Reading