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Established in 1968 to promote co-operation and close ties between member states in economic activities related to the oil industry; to determine ways of safeguarding their legitimate interests, both individual and collective, in the oil industry; to unite their efforts so as to ensure the flow of oil to consumer markets on equitable and reasonable terms; and to create a favourable climate for the investment of capital and expertise in their petroleum industries.
Members. Algeria, Bahrain, Egypt, Iraq, Kuwait, Libya, Qatar, Saudi Arabia, Syria, Tunisia*, United Arab Emirates. *Tunisia’s membership was made inactive in 1986.
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Headquarters: PO Box 20501, Safat 13066, Kuwait.
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Website: http://www.oapecorg.org
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Secretary-General: Abbas Ali Naqi (Kuwait).
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(2018). Organization of Arab Petroleum Exporting Countries (OAPEC). In: The Statesman’s Yearbook 2018. The Statesman's Yearbook. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-70154-4_111
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DOI: https://doi.org/10.1007/978-1-349-70154-4_111
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Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-137-50852-2
Online ISBN: 978-1-349-70154-4
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