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Angola to leave OPEC over disagreement on oil production quotas

 
Emeraldlight

User ID: 80816366
United States
12/21/2023 05:50 PM

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Angola to leave OPEC over disagreement on oil production quotas
Angola says it will leave the Organization of the Petroleum Exporting Countries (OPEC) over a disagreement regarding production quotas, a move that will bring the group down to 12 members.

Speaking on public television on Thursday, Diamantino Azevedo, minister for mineral resources, petroleum and gas, said Angola, which produces about 1.1 million barrels of oil a day, is leaving OPEC because it was not serving the country’s interests.

[link to www.aljazeera.com (secure)]

This would never have happened even a year ago?





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