Qatar is done with oil body

– Qatar is to leave Opec next month for the Gulf state to focus on gas production, Energy Minister Saad al-Kaabi announced yesterday.

“Qatar has decided to withdraw its membership from Opec effective January 2019,” Kaabi said at a Doha press conference.

He added that Qatar would still continue to produce oil but would concentrate on gas production, where it is the biggest exporter of liquified natural gas in the world. –