Africa
Saudia Arabia opec OPEC oil reserves OPEC oil crisis
Saudi Arabia is one of the leading producers of petroleum and a member of the OPEC, but Nigeria is also a leading producer of petroleum.
The roe of OPEC is to regulate the petroleum industries among member countries. OPEC stands for Organization of the Petroleum Exporting Countries.
To become a member of the Organization of the Petroleum Exporting Countries (OPEC), a nation must meet specific criteria, including having a significant net export of crude oil and being a developing country. The interested nation must also submit a formal application for membership, which OPEC's current member states review. If the application is approved, the nation must then ratify the OPEC Statute and commit to the organization's agreements and decisions. Final acceptance requires consensus among existing members.
Africa
Venezuela. Ecuador also used to be a member of OPEC, but withdrew.
OPEC is an organisation, not a place, so no country is located in it. Egypt is not a member of OPEC.
The petroleum industry makes up a large portion of Nigeria's wealth. The country is a member of OPEC.
No. OPEC Members are all oil producing countries. Germany is not an oil producing country.
yes Pakistan is a member of OPEC.
Angola
Venezuela. It is the only member in South America that is a member of OPEC.
No. Yemen is not a member due to its low oil production and proven reserves.
No. Although Mexico is a major oil exporting country, it does not belong to the OPEC (Organization of the Petroleum Exporting Countries).
Opec wants Oman to be a member, but Oman would not accept the terms and conditions of OPEC
Yes, Iran is currently a member of OPEC,