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Qatar Quitting OPEC to Focus on Exports of Liquefied Natural Gas

Qatar says it is quitting the Organization of the Petroleum Exporting Countries (OPEC) from January 2019 to focus on exports of liquefied natural gas (LNG). Speaking to reporters Monday in Doha, the country’s minister of state for energy affairs, Saad Sherida al-Kaabi, made the surprise announcement, saying that the world's largest exporter of LNG plans to increase its exports from 77 million tons of gas per year to 110 million tons.  "In light of such efforts and plans,...

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