CSE-2019 | Prelims Daily Quiz 56


Q. Qatar has recently left OPEC, consider the following statements in this respect:

1. Qatar is the largest producer of liquefied natural gas (LNG).

2. Withdrawal of Qatar from OPEC will considerably impact India.

3. OPEC produces more than 70% of the world’s oil.


Select the correct statement/s using the code given below:

a) 1 only

b) 1 and 2 only

c) 2 and 3 only

d) None of the above

d) None of the above

  • Qatar is the largest exporter of LNG and not the largest producer.
  • Qatar is one of India’s oldest LNG suppliers. But LNG pricing is not in OPEC’s domain, so Qatar’s decision is unlikely to impact India.
  • OPEC produces OPEC about 45% of the world’s oil.