Oman suddenly decides to withdraw from OPEC +



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Oman suddenly decided Monday to withdraw from the country The OPEC + Committee, Saudi energy minister Khalid al-Faleh said.

"In December, Oman proposed to nominate another member of the non-OPEC committee, the option was Kazakhstan, who agreed to join him and we welcomed him," he said. Al-Faleh at a press conference at the end of a meeting of the Joint Ministerial Follow-up Committee in Baku,

"There are other members of the committee and we welcome their contribution as members of the ministerial committee to oversee the agreement to reduce OPEC's oil production," he said. he declared.

Washington's policies have imposed a new level of complexity on OPEC, with the organization struggling to anticipate global supply and demand.

At their meeting in Vienna on December 7, 2018, ministers of OPEC member states decided to reduce oil production by 1.2 million barrels per day, from January 2019 to 6 months. , Including OPEC countries to reduce total production by 800,000 barrels a day and non-OPEC countries – 400,000 barrels a day.

In December, Qatar announced its withdrawal from OPEC starting in January to focus on its gas ambitions.

"The decision to withdraw from OPEC came after Qatar discussed ways to improve its role globally and develop a long-term strategy," said the Qatari Minister. of Energy, Saad al-Kaabi. "

– Surprisingly, Qatar announces its withdrawal from the Organization "OPEC" and reveals the reasons

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