Qatar to quit Saudi-dominated Opec in 2019

The Organisation of Petroleum Exporting Countries (Opec) headquarters in Vienna. Qatar will leave Opec in January 2019. FILE | NATION MEDIA GROUP

Qatar will leave Opec next month in order to focus on gas production, the Gulf state's new Energy minister Saad al-Kaabi announced in a surprise move on Monday.

Qatar has been a member of Opec since 1961, and the decision to pull out after all these decades comes at a turbulent time in Gulf politics, with Doha under a boycott by former neighbouring allies including Saudi Arabia for 18 months.