Wednesday, March 3, 2021

Featured News

Qatar Leaving OPEC a Political Decision, Not Economic: UAE Minister

UAE State Minister of Foreign Affairs Anwar Gargash believes that Qatar’s decision to leave OPEC is not economic, but political. About this diplomat wrote on Monday on his page on Twitter

Why China is Desperate To Befriend Bangladesh, While India Continues to Woo Dhaka?

Earlier on Monday, the State Minister of Energy of Qatar, Saad Bin Sharida Al-Kaabi, announced his plans to withdraw from OPEC from January 1, 2019. At the same time, he stressed that the decision was caused by the desire to focus on the gas sector.

Qatar’s share in total oil production by OPEC countries is less than 2%. At the same time, Qatar is the world’s largest exporter of liquefied natural gas (LNG) and intends to increase LNG production from 77 million tons to 110 million tons per year.

In the summer of 2017, Saudi Arabia, the United Arab Emirates, Bahrain and Egypt announced that they had broken diplomatic relations with Qatar, accusing Doha of supporting terrorism and interfering in their internal affairs. This was followed by economic sanctions and the transport blockade of the emirate. These countries, in particular, closed the airspace for Qatar airlines.

More News at EurAsian Times

Featured News

US Army’s Latest Microwave Weapon ‘THOR’ Can Thwart Enemy Swarm-Drone Attacks

The US Army will carry out field-testing of a new microwave weapon called THOR, designed to thwart enemy swarm-drone attacks, in the next few...

Did Azerbaijan ‘Shoot-Down’ Armenia’s Russian-Origin Iskander Missile During Nagorno-Karabakh War?

During the Armenia-Azerbaijan war last year, Yerevan had launched at least one short-range Iskander ballistic missile at the behest of Russia, but it was...

Did Russian Iskander Missiles & Indian Radars Fail To Protect Armenia From The Jaws Of Azerbaijan?

Armenian PM Nikol Pashinyan’s remarks on why the Russian-made Iskander ballistic missiles did not explode during the Nagorno-Karabakh conflict created a sensation in the...

Pakistan ‘Still In Line’ To Acquire Deadly T-129 ATAK Helicopters From Turkey – Reports

The Pakistani Army’s long wait for attack helicopters could soon be over as reports indicate that Islamabad might be inching closer to a deal...

US Media Calls India’s LCA Tejas ‘Much More Reliable’ Than Chinese Fighter Jets

India's homegrown fourth-generation Tejas MK1A fighter jets are believed to be more reliable than Chinese combat aircraft, according to a report by US Magazine.Developed...