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Mon Dec 3, 2018, 12:30 PM

Qatar Will Pull Out Of OPEC, As Rift With Saudi Arabia Deepens

Source: NPR

Qatar plans to leave OPEC in January, shaking up the alliance of oil-producing nations and furthering its dispute with Saudi Arabia. Qatar made the announcement on Monday — the same day it informed OPEC.

Qatar's Energy Minister Saad al-Kaabi said the small Persian Gulf country will leave OPEC because it wants to focus on natural gas — a sector in which Qatar is a world leader. But the move also draws another line of division with Saudi Arabia, the only country with which Qatar shares a land border.

Saudi Arabia cut diplomatic ties with Qatar in June of 2017, in a dramatic move that was matched by Egypt, the United Arab Emirates and others. Since then, Saudi Arabia has maintained a boycott against Qatar, a country that has sometimes pursued its own foreign policy goals against the will of its fellow Sunni states.

"Riyadh made a series of demands aimed at reining in its ambitious smaller neighbor, including that Qatar close down the Al Jazeera news channel," as NPR's Peter Kenyon reports. Other complaints have centered on Qatar's support for the Arab Spring uprisings and its relationships with Iran — a country with which it shares a gas field in the Persian Gulf.

Read more: https://www.npr.org/2018/12/03/672839704/qatar-will-pull-out-of-opec-as-rift-with-saudi-arabia-deepens



Holy crap

10 replies, 1082 views

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Always highlight: 10 newest replies | Replies posted after I mark a forum
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Reply Qatar Will Pull Out Of OPEC, As Rift With Saudi Arabia Deepens (Original post)
Recursion Monday OP
Sneederbunk Monday #1
Recursion Monday #2
zipplewrath Monday #3
Ford_Prefect Monday #4
Demonaut Monday #8
pecosbob Monday #5
Haggis for Breakfast Monday #6
GulfCoast66 Monday #7
Haggis for Breakfast Monday #9
Demonaut Tuesday #10

Response to Recursion (Original post)

Mon Dec 3, 2018, 12:45 PM

1. Qatar's Energy Minister may want to avoid Saudi embassies.

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Response to Sneederbunk (Reply #1)

Mon Dec 3, 2018, 12:52 PM

2. Not to mention 4th story Russian windows

The world is an increasingly dangerous place...

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Response to Recursion (Original post)

Mon Dec 3, 2018, 01:52 PM

3. 400 years

I saw an analysis once that suggested that the "middle east", because of the creation of the Muslim religion, is about 400 years younger than western society (that is heavily christian based). What that means is that the political situation there is a bit akin to Western Europe in the 1600's. That's pre-French Revolution, pre-Italian unification, and a host of other political structures. The implication being that there are huge wars of political realignment ahead for the region.

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Response to zipplewrath (Reply #3)

Mon Dec 3, 2018, 02:09 PM

4. Oh Happy Day!

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Response to zipplewrath (Reply #3)

Mon Dec 3, 2018, 09:38 PM

8. I read that years ago too, shortly after Sept 11

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Response to Recursion (Original post)


Response to Recursion (Original post)

Mon Dec 3, 2018, 09:10 PM

6. I don't know that this will be viewed as a good move.

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Response to Haggis for Breakfast (Reply #6)

Mon Dec 3, 2018, 09:23 PM

7. Pretty sure the Turks have their back.

More and more I think it is shaping up to be a showdown between Turkey and SA.

Hope we stay out of it. But we won’t.

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Response to GulfCoast66 (Reply #7)

Mon Dec 3, 2018, 10:35 PM

9. My thoughts exactly.

I don't see Erdogan backing down on this one.

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Response to Recursion (Original post)

Tue Dec 4, 2018, 12:07 AM

10. it's a great place for news

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