OPEC has problems with some oil producers, reasons for Qatar’s exit must be examined – Iran oil minister

0 1

Get real time updates directly on you device, subscribe now.

OPEC has problems with some oil producers, and the reasons for Qatar’s exit from the organisation must be examined, Iranian Oil Minister Bijan Zanganeh said on Tuesday, according to the Islamic Republic News Agency (IRNA).

Qatar said on Monday it will quit OPEC to focus on gas in a swipe at Saudi Arabia, the de facto leader of the oil exporting group which is trying to show unity in tackling an oil price slide.

Zanganeh did not elaborate but he appeared to be noting that Qatar is not one of the problematic oil producers in OPEC.

  • Reuters

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.

*

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More