Asian LNG Imports Up 14% In 2018... With Qatar Sales Up 9%
07 Dec, 2018
Geopolitical Risk
Qatar Shines Spotlight On Opec Divisions As It Ends 57-Year Membership
07 Dec 2018
Qatar’s decision to leave Opec has seismic ramifications for the future of the organization. Its crude output may be modest, but Qatar was one of the longest-running members. The move shatters Opec’s proud claim that the group can overcome the often-fractious politics between its members.
Qatar is to leave Opec effective 1 January 2019 in a move that makes the widening fissures running through the group impossible to hide. Members have long pointed proudly to the group’s history of overcoming events as extreme as the 1980-1988 Iran-Iraq conflict, and Iraq’s 1990 invasion of Kuwait as proof that the group transcends politics. Qatar’s withdrawal shatters that illusion.
Newly appointed Minister of State for Energy Affairs Saad Sherida al-Kaabi held a press conference on 3 December to announce Qatar’s decision. Mr Kaabi said the decision was taken in order that Qatar...
Qatar Oil & Gas Infrastructure
