Qatar says it is withdrawing from OPEC on January 1
Minister of State for Energy Affairs Saad Sherida al-Kaabi
Cairo - DPA
Qatar will withdraw from the Organization of the Petroleum Exporting Countries (OPEC) effective January 1, the Minister of State for Energy Affairs Saad Sherida al-Kaabi said Monday, according to state-owned Qatar Petroleum.
Qatar Petroleum, of which al-Kaabi is CEO, said on Twitter that OPEC was informed of the country's withdrawal.
"The withdrawal decision reflects Qatar's desire to focus its efforts on plans to develop and increase its natural gas production from 77 million tons per year to 110 million tons in the coming years," the minister was quoted as saying at a press conference in Doha.
"Qatar is proud in its international standing at the forefront of natural gas producers, and as the biggest exporter of LNG - the cleanest fossil fuel, which has given Qatar a strong and resilient economy," Qatar Petroleum also quoted al-Kaabi as saying.
- Thursday ,06 December GMT 13:29 2018 Major oil exporters mull supply cut amid internal rifts, US demands
GMT 13:29 2018 Thursday ,06 December
Major oil exporters mull supply cut amid internal rifts, US demandsGMT 14:30 2018 Thursday ,25 October
Russia should develop an effective strategy of LNG exportsGMT 15:28 2017 Monday ,25 December
OPEC basket price $61.72 a barrel on TuesdayGMT 02:23 2017 Monday ,25 December
OPEC daily basket price stood at $61.64 a barrel MondayGMT 22:35 2017 Sunday ,24 December
OPEC daily basket price basket announced
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 20:30 2017 Sunday ,26 March
UN calls for swift arrest of killers of aid workers
GMT 16:42 2014 Monday ,14 April
About The Kite Runner
GMT 11:47 2017 Tuesday ,25 April
Croatia football 'boss' Mamic faces major graft trial
GMT 16:13 2018 Monday ,15 October
Russian facial recognition to help cars identify their owners
GMT 14:50 2017 Tuesday ,28 February
State Foreign Affairs Minister Meets Foreign Ministers of Lithuania, Paraguay
GMT 18:23 2017 Sunday ,30 April
UN food relief agency air-lifts food, medical supplies
GMT 13:22 2017 Tuesday ,11 April
Diesel Black Gold to combine men’s & women’s fashion week
GMT 19:18 2017 Monday ,14 August
Italy applauds Libya's decision on migrant 'search and rescue'
GMT 20:42 2017 Thursday ,23 February
Russian supply ship launched to International Space Station
GMT 04:18 2017 Sunday ,10 September
Death toll in China earthquake increases to 20
GMT 14:44 2017 Sunday ,19 November
Syria army, allies retake Albu Kamal from IS
GMT 12:42 2017 Saturday ,26 August
Indonesia`s economy expected to perform better this year
GMT 08:13 2018 Tuesday ,23 January
Facebook acknowledges social media's risks to democracy
GMT 22:00 2017 Thursday ,06 April
Croatian Speaker of Parliament, Foreign Minister Meet with Qatari Ambassador
GMT 09:59 2017 Saturday ,25 February
Dubai university student wins award for his ‘Google’
GMT 14:34 2017 Monday ,20 February
PSA pledges to keep Opel’s 4 German sites running
GMT 11:35 2017 Saturday ,13 May
Abbas says ready to meet Israel PM as part of Trump peace efforts
GMT 01:15 2017 Tuesday ,05 December
Nawaz Sharif’s request for one week exemption from attendance accepted
GMT 09:24 2017 Friday ,18 August
Messi, Ronaldo sports stars in condemning Barcelona attack
GMT 23:28 2017 Wednesday ,20 September
China vows to stick to climate deal before Trump announcement
GMT 11:11 2017 Monday ,03 April
Japan business confidence rises again
GMT 19:15 2017 Monday ,20 February
ECB scouts for forward guidance pitfalls on road to stimulus end
GMT 15:18 2017 Sunday ,25 June
Investment min.: working with other ministries on new investment plan
GMT 04:58 2017 Tuesday ,17 October
Trump dubs sexual harassment claims ' fake news'
GMT 14:31 2016 Monday ,22 August
ACWA Power raises credit facility
GMT 16:19 2018 Thursday ,06 December
Cold front to affect Kingdom over weekend
GMT 16:03 2018 Tuesday ,23 October
Crimean Kerch Polytechnic college reopens after attack
GMT 19:35 2018 Thursday ,06 September
Spanish FM: Algeria, Spain have "same geostrategic and economic interests"
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor