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OPEC exit frees Qatar from US legal concerns

Updated : December 13, 2018 01:31 PM IST

Kaabi was concerned OPEC membership could be a stumbling block for QP's ambitions in the United States, where it has one of the world's biggest LNG terminals, and a distraction as Doha doubles down on gas production, three industry sources said.
Proposed US legislation known as NOPEC (No Oil Producing and Exporting Cartels Act) could expose members of the oil exporters club to antitrust lawsuits, a risk for QP at a time it is planning to invest billions more in the United States.
OPEC exit frees Qatar from US legal concerns
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