Concrete solutions. And. This is deja vu news live from berlin a surprise announcement from qatar the gulf state is withdrawing from the Opec Oil Cartel Effective January first of next year has been a member of the organization for nearly six decades so whats behind the move also coming up. At a crucial conference in poland the u. N. Secretary general says the world is not moving fast enough to prevent catastrophic
Climate Change he says the efforts so far are quote way off course. And two months after a failed launch another russian made soyuz rocket is preparing to blast off shortly for the International Space station. They ass and also will be aboard say they are confident despite the risks. Im brian thomas a very warm Welcome To The Show Qatar is leaving opec the organization of Petroleum Exporting countries this move comes ahead of opecs annual meeting in vienna on thursday where its certain to be the focus of discussions. Energy minister says the country will exit the Cartel Effe
opec. and its announcement to leave comes a year after saudi arabia together with some of the gulf states to sort of sanctions qatar accusing it of harboring terrorism and it comes just days ahead of a crucial opec meeting in vienna which overshadows that meeting which tries to show unity as the cartel is fighting sliding oil prices so there s very much political elements to what carter saying is an economic decision though even though. its relationship with saudi arabia has nothing to do with it economically however yes this is a very interesting move i mean for one qatar is only the elevons biggest all producer of opec accounts for less than two percent of the overall output so qatar leaving opaque won t have a big impact on oil markets but qatar is the world s biggest exporter of liquid natural gas and it would it wants to expand to that market even more. together with
climate change he says the efforts so far are quote way off course. and two months after a failed launch another russian made soyuz rocket is preparing to blast off shortly for the international space station. they ass and also will be aboard say they are confident despite the risks. i m brian thomas a very warm welcome to the show qatar is leaving opec the organization of petroleum exporting countries this move comes ahead of opec s annual meeting in vienna on thursday where it s certain to be the focus of discussions. energy minister says the country will exit the cartel effect in january first reflecting plans to focus more on liquid gas production rather. them or oil now this follows
a bitter diplomatic dispute with opec s fourteen other members especially with saudi arabia for the past eighteen months they ve placed economic sanctions on qatar. mark jones from business is here with more monica good morning morning this is not a first for opec is it that a member is leaving now it s happened before it was ecuador and gabble on but they returned and indonesia suspended its membership it s not the first time but it s the first time that a middle eastern country is leaving opac and not just a middle eastern country but the first one to join opaque after it was formed in one thousand nine hundred sixty the founding nations of course iran iraq kuwait saudi arabia and then it s so ala so in terms of culture and history this is quite a significant step but we also know of course that qatar for for quite some time now has had strained relations with saudi arabia which is the defense to leader of