• International Organization
  • International Organizations

Organization of Arab Petroleum Exporting Countries (OAPEC)

Established: By agreement concluded on January 9, 1968, in Beirut, Lebanon.

Purpose: To help coordinate members' petroleum policies, to adopt measures for harmonizing their legal systems to the extent needed for the group to fulfill its mission, to assist in the exchange of information and expertise, to provide training and employment opportunities for their citizens, and to utilize members' “resources and common potentialities” in establishing joint projects in the petroleum and petroleum-related industries.

Headquarters: Kuwait City, Kuwait.

Principal Organs: Ministerial Council, Executive Bureau, Judicial Tribunal, General Secretariat.

Web site: www.oapecorg.org

Secretary General: Abdul Aziz A. Al-Turki (Saudi Arabia).

Membership (10): Algeria, Bahrain, Egypt, Iraq, Kuwait, Libya, Qatar, Saudi Arabia, Syria, United Arab Emirates.

Official Language: Arabic.

Origin and development. Established by Kuwait, Libya, and Saudi Arabia in early 1968 in recognition ...

locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles