What Is the Organization of the Petroleum Exporting Countries?

The Organization of Petroleum Exporting Countries is short for OPEC. An international organization established by oil producing countries in Asia, Africa and Latin America to coordinate the oil policies of member states and oppose the exploitation and control of Western oil monopoly capital. It was established in September 1960. There are currently 14 member states, namely Iraq, Iran, Kuwait, Saudi Arabia, Venezuela, Algeria, Ecuador, Gabon, Indonesia, Libya, Nigeria, Qatar, United Arab Emirates, Tunisia, Congo. Headquartered in Vienna, Austria. Its purpose is to: Coordinate and unify the oil policies of member countries, maintain the stability of international oil market prices, and ensure that oil producing countries receive stable income. The highest authority is the Assembly of Member States, which is composed of delegations of Member States, responsible for formulating general policies, the executive body is the Council, and the secretariat is responsible for daily work. A special agency Economic Committee is set up to help maintain the stability of oil prices. Since its establishment, the organization has persistently struggled with Western oil monopoly capital, and has made significant progress in raising oil prices and nationalizing the oil industry. ^[1]

OPEC

The Organization of the Petroleum Exporting Countries has moved its headquarters from Vienna, Switzerland to Vienna, Austria since September 1960. OPEC is

It consists in coordinating the oil policies of various countries, agreeing on crude oil production and prices, taking common actions against the exploitation and plundering of oil-producing countries by western countries, protecting domestic resources, and safeguarding their own interests.

Representatives of OPEC member countries (mainly heads of delegations) coordinated and unified their oil policies at the OPEC conference to promote the stability and prosperity of the oil market.

OPEC regulations state: "In

Europe:

Secretary-General of OPEC

* Fuad Rouhani (Iran): (January 21, 1961-April 30, 1964)

* Abdul Rahman al-Bazzaz (Iraq): (May 1, 1964-April 30, 1965)

* Ashraf Lutfi (Kuwait): (1 May 1965-31 December 1966)

* Muhammad Saleh Joukhdar (Saudi Arabia): (January 1, 1967-December 31, 1967)

* Francisco R. Parra (Venezuela): (January 1, 1968-December 31, 1968)

* Elrich Sanger (Indonesia): (January 1, 1969-December 31, 1969)

* Omar el-Badri (Libya): (1 January 1970-31 December 1970)

* Nadim Pachachi (Iraq): (January 1, 1971-December 31, 1972)

* Abderrahman Khène (Algeria): (1 January 1973-31 December 1974)

* MO Feyide (Nigeria): (January 1, 1975-December 31, 1976)

* Ali M. Jaidah (Qatar): (January 1, 1977-December 31, 1978)

* René G. Ortiz (Ecuador): (January 1, 1979-June 30, 1981)

* Marc Saturnin Nan Nguema (Gabon): (July 1, 1981-June 30, 1983)

* Fadhil J. al-Chalabi (Iraq), (Acting): (July 1, 1983-June 30, 1988)

* Subroto (Indonesia): (July 1, 1988-June 30, 1994)

* Abdallah Salem el-Badri (Libya): (1 July 1994-31 July 1994)

* Rilwanu Lukman (Nigeria): (1 January 1995-31 December 2000)

* Alí Rodríguez Araque (Venezuela): (1 January 2001-30 June 2002)

* & Aacute; lvaro Silva Calderón (Venezuela): (July 1, 2002-December 31, 2003)

* Purnomo Yusgiantoro (Indonesia), (Agent): (1 Jan 2004 &)

* Iin Arifin Takhyan (Indonesia), (Acting Yusgiantoro): (January 1, 2004-February 2004)

* Maizar Rahman (Indonesia), (Acting Yusgiantoro): (February 2004-December 31, 2004)

* Sheikh Ahmad Fahad Al Ahmad Al Sabah (Kuwait), (agent): (1 January 2005-present)

* Adnan Shihab-Eldin (Kuwait), (Representative Al Sabah): (1 January 2005-Present)

From January 21, 1961 to April 1965, the chairman of the council also served as secretary-general at the same time. The functions of the Chairman of the Council and the Secretary-General have been separated since April 1965.