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Who were members of the organization of petroleum exporting countries?
Wiki User
∙ 13y ago
Algeria , Angola , Ecuador , Iran , Iraq , Kuwait , Libya , Nigeria , Qatar , Saudi Arabia , the United Arab Emirates and Venezuela.
Wiki User
∙ 13y ago
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What organization is known as OPEC?
The organization that is known as OPEC is the Organization of Petroleum Exporting Countries. This organization has a goal of producing steady income for countries that are members of OPEC.
What is the organization known as OPEC?
The organization that is known as OPEC is the Organization of Petroleum Exporting Countries. This organization has a goal of producing steady income for countries that are members of OPEC.
What does the acronym OPEC mean?
The Organization of the Petroleum Exporting Countries (OPEC) is a cartel of twelve developing countries made up of Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela.9th grade students who are researching OPEC should NOT be using this source. Miss H can see you.OR:OPEC is an international organization whose members work to influence the price of oil on world markets by controlling the supply.
What does acronym OPEC stand for?
OPEC stands for the Organization of Petroleum Exporting Countries - a sort of coalition of nations that all consistently export oil. OPEC was founded at a meeting on September 14, 1960 in Baghdad, Iraq by five founding members: Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. Since then Qatar (1961), Indonesia (1962), Socialist People's Libyan Arab Jamahiriya (1962), United Arab Emirates (1967), Algeria (1969), and Nigeria (1971) have joined the organization.
Is Chile a member of OPEC?
No. Although Mexico is a major oil exporting country, it does not belong to the OPEC (Organization of the Petroleum Exporting Countries).
Is it true that the organization of petroleum exporting countries has members outside of the middle east?
Yes. OPEC includes the following members (those in bold are outside of the Middle East and North Africa):AlgeriaAngolaEcuadorIranIraqKuwaitLibyaNigeriaQatarSaudi ArabiaUnited Arab EmiratesVenezuela
Who are the members of the OPEC board?
There are eleven members of OPEC or Organization of the Petroleum Exporting Countries. The five founding members are Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. The other members are the United Arab Emirates, Algeria, Nigeria, Libya, Qatar, Ecuador, and Angola.
What is the difference between OPEC and the EU?
OPEC is the Organization of Petroleum Exporting Countries. OPEC deals with all the exported oil/Petroleum going in and out of countries. They control the price of oil/petroleum. EU is the European Union. The European Union deals with the economic problems, and other problems of it's members. It's also to create a common currency.
What is the name of the group of oil producing countries mainly Arab formed in 1960 to control international oil prices?
The answer you are looking for is most likely OPEC (Organization of Petroleum Exporting Countries), but there are several non-Middle Eastern members of OPEC like Venezuela and Nigeria.
Who is Secretary general of OPEC?
The current members of OPEC (The Organization of the Petroleum Exporting Countries) are:AlgeriaAngolaEcuadorIranIraqKuwaitLibyaNigeriaQatarSaudi ArabiaUnited Arab EmiratesVenezuelaSee the link below for information on OPEC.
Which organization do the members of oil producing countries belong to in the Middle East?
It sounds like you are referring to OPEC (the Organization of Petroleum Exporting Countries). Note that not all members of OPEC are in the Middle East. The Organization of the Petroleum Exporting Countries (OPEC) was founded in Baghdad, Iraq, with the signing of an agreement in September 1960 by five countries namely Islamic Republic of Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. They were to become the Founder Members of the Organization. These countries were later joined by Qatar (1961), Indonesia (1962), Libya (1962), the United Arab Emirates (1967), Algeria (1969), Nigeria (1971), Ecuador (1973), Gabon (1975) and Angola (2007). From December 1992 until October 2007, Ecuador suspended its membership. Gabon terminated its membership in 1995. Indonesia suspended its membership effective January 2009. Currently, the Organization has a total of 12 Member Countries.
What do you mean by OPEC and write down the member's name of OPEC?
OPEC stand for ORGANIZATION OF PETROLEUM EXPORTING COUNTRIES. THE MEMBERS OF OPEC ARE FOLLOWING: 1 SAUDI ARABIA 2 KUAIT 3 IRAN 4 IRAQ 5 UAE 6 LIBYA
