Qatar Gives Official Notice of Withdrawal From OPEC - OPEC Statement
Qatar officially notified the Organization of the Petroleum Exporting Countries (OPEC) on Monday of the country's withdrawal from the cartel, OPEC said.
VIENNA (Pakistan Point News / Sputnik - 03rd December, 2018) Qatar officially notified the Organization of the Petroleum Exporting Countries (OPEC) on Monday of the country's withdrawal from the cartel, OPEC said.
"The OPEC Secretary General, His Excellency Mohammad Sanusi Barkindo, has today received a letter from the State of Qatar giving notice of its intention to withdraw from its Membership of OPEC, pursuant to Article 8 of the OPEC Statute, with effect from 1 January 2019," OPEC said in a statement.