n line with OPEC’s recent agreement to cut output to stabilize oil prices, Qatar’s oil production levels will be reduced effective January 1, 2017, Qatar’s state-owned oil company, Qatar Petroleum, said on Tuesday. Qatar Petroleum President and CEO, Saad Sherida Al-Kaabi, said: “This decision comes in line with the State of Qatar’s commitment to the recently agreed production levels by the members of the Organization of the Petroleum Exporting Countries (OPEC) during its ministerial meeting held on 30 November, 2016.”
Source: Qatar’s oil output cut starts in January | Offshore Energy Today