The UAE does not see a justification for the decision of Qatar to withdraw from OPEC

© RIA Novosti / Alexei Vitvitskiy in photobacteria OPEC in Vienna. Archival photoThe UAE does not see a justification for the decision of Qatar to withdraw from OPEC© RIA Novosti / Alexei Vitvitskiy the image Bank

The state Minister of foreign Affairs of the UAE Anwar Gargash sees no justification for the decision of Qatar to withdraw from OPEC at this time.

Earlier on Monday, Qatar announced its withdrawal from OPEC from 1 January 2019, explaining this decision by the desire to focus on the production of gas and production of liquefied natural gas.

«A political decision of Qatar to leave OPEC reflects the reduction of its role and influence in the light of the political isolation of Doha. The economic rationale of the decision is of less importance, and there is no justification for this decision to withdraw at this time,» Gargash wrote in his microblog in the social network Twitter.

The UAE does not see a justification for the decision of Qatar to withdraw from OPEC© Vitaly Pedicellata just Catharsis

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