![Qatar to pull out of Organization of Petroleum Exporting Countries (OPEC)](http://media.assettype.com/english-sentinelassam%2Fimport%2Fwp-content%2Fuploads%2F2018%2F12%2FUntitled-2.jpg?w=480&auto=format%2Ccompress&fit=max)
“The withdrawal decision reflects Qatar’s desire to focus its efforts on plans to develop and increase its natural gas production,” tweeted Saad Sherida Al-Kaabi, the country’s Minister of State for Energy Affairs. He said that OPEC had been informed of the decision, Efe news reported. Qatar has been a member of OPEC since 1961. It said the organization was aware of its decision to withdraw. (IANS)
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