OPEC exit frees Qatar from US legal concerns

OPEC exit frees Qatar from US legal concerns
Saad Al Kaabi, chief executive of Qatar Petroleum, speaks to reporters in Doha, Qatar April 3, 2017. Naseem Zeitoon/Reuters
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DUBAI, UAE/DOHA, Qatar—Even before taking over Qatar’s energy policy in a government reshuffle last month, Qatar Petroleum (QP) CEO Saad al-Kaabi had long wanted the Gulf state to leave OPEC.

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.