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Qatar to withdraw from OPEC in January 2019
AlJazeera ^
| 12-3-2018
| AlJazeera
Posted on 12/02/2018 11:12:39 PM PST by tcrlaf
Qatar will withdraw from the Organization of the Petroleum Exporting Countries (OPEC), Qatar's Energy Minister Saad Sherida al-Kaabi announced on Monday.
The decision to quit the bloc of 15 oil-producing countries that account for almost half of the world's oil production was confirmed by Qatar Petroleum, the country's state oil company.
(Excerpt) Read more at aljazeera.com ...
TOPICS: Foreign Affairs; News/Current Events; Politics/Elections
KEYWORDS: algeria; angola; congo; ecuador; energy; equatorialguinea; gabon; globalwarminghoax; hydrocarbons; iran; iraq; kuwait; libya; maga; methane; mexico; nigeria; opec; petroleum; qatar; saadsheridaalkaabi; saudiarabia; unitedarabemirates; venezuela
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To: mewzilla
21
posted on
12/03/2018 5:07:20 AM PST
by
mewzilla
(Is Central America emptying its prisons?)
To: SunkenCiv
...cartels don't normally last as long as OPEC had by then (it was formed around 1960 I think) OPEC was formed in the 1950's. It's purpose was to break the Anglo-American cartel known as the Seven Sisters. It was completely successful in that endeavor. Afterwards, it suffered the same problems all cartels suffer, mainly internal cheating. For instance, during the oil embargo the Iraqi oil minister, Saddam Hussein, made an under the table deal to sell oil to the US.
22
posted on
12/03/2018 5:13:59 AM PST
by
SeeSharp
Oh.......more winning.....:
23
posted on
12/03/2018 5:52:15 AM PST
by
TnTnTn
To: Hugin
I’m thinking they left because they figure they will eventually be duking it out with Saudi Arabia
24
posted on
12/03/2018 6:08:45 AM PST
by
dp0622
(The Left should know if.. Trump is kicked out of office, it is WAR!)
To: DIRTYSECRET
Breaking up all of OPEC would be great.
25
posted on
12/03/2018 6:09:20 AM PST
by
dp0622
(The Left should know if.. Trump is kicked out of office, it is WAR!)
To: tcrlaf
Qatar has huge LNG reserves....maybe they want to take some customers from the USA.
26
posted on
12/03/2018 7:26:37 AM PST
by
spokeshave2
(The Paradigm has shifted...the New World Order is Trumpian.)
To: tcrlaf
Qatar and Saudi have been at “near” war for decades. Border skirmishes are common. FWIW
27
posted on
12/03/2018 8:17:38 AM PST
by
rrrod
(just an old guy with a gun in his pocket)
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