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Last updateTue, 11 Dec 2018 5pm

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End-User News

Qatar Quitting OPEC, Shifting Focus to Gas

Qatar, the world’s largest exporter of liquefied natural gas (LNG), is leaving the Organization of Petroleum Exporting Countries (OPEC) as of next month and will shift more of its attention to the gas sector from here on out.

Saad al-Kaabi, minister of state for energy affairs, criticized Saudi Arabia when making the announcement, stating, “We are not saying we are going to get out of the oil business, but it is controlled by an organization managed by a country.” 

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