Energy-rich Qatar is pulling out of OPEC

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Dec. 3, 2018 / 7:46 AM GMT

By Associated Press

DUBAI, United Arab Emirates โ€” The tiny, energy-rich Gulf Arab nation of Qatar says it will withdraw from the Organization of the Petroleum Exporting Countries (OPEC) in January.

Energy Affairs Minister Saad Sherida al-Kaabi made the surprise announcement during a news conference on Monday.

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Qatar, a country of 2.6 million people, is the world’s biggest exporter of liquid natural gas.


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