Qatar to withdraw from OPEC after nearly 60 years
Qatar will withdraw from the Organisation of the Petroleum Exporting Countries (OPEC) in January after nearly 60 years, country's energy minister Saad al-Kaabi said. The decision to withdraw from OPEC came after Qatar reviewed ways to enhance its role internationally and plan its long-term strategy. Qatar is one of OPEC's smallest producers but the world's largest liquefied natural gas exporter.