News analysis

Qatar's decision to quit Opec has little to do with oil and gas

Come January, Qatar will officially exit the Organisation of the Petroleum Exporting Countries (Opec), becoming only the second member after Indonesia to do so since the bloc was formed in 1960.

And while there have been multiple theories about why Qatar made the sudden move to leave an organisation it has been a member of for 57 years, most agree on one point: Its decision has very little to do with oil and gas.

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A version of this article appeared in the print edition of The Straits Times on December 13, 2018, with the headline 'Qatar's decision to quit Opec has little to do with oil and gas'. Print Edition | Subscribe