Organization of Arab Petroleum Exporting Countries

Organization of Arab Petroleum Exporting Countries
Organization of Arab Petroleum Exporting Countries
	Map of OAPEC Members and their status
Administrative center	Kuwait
Official language	Arabic
Type	Intergovernmental organization
Membership	Algeria; Bahrain; Egypt; Iraq; Kuwait; Libya; Qatar; Saudi Arabia; Syria; United Arab Emirates; Tunisia
Leaders
• Secretary General	Jamal Essa Al Loughani
Establishment	January 9, 1968
	Website; https://www.oapecorg.org/Home

The Organization of Arab Petroleum Exporting Countries (OAPEC; Arabic: منظمة الأقطار العربية المصدرة للبترول) is a multi-governmental organization headquartered in Kuwait which coordinates energy policies among oil-producing Arab nations. OAPEC's primary objective is safeguarding the cooperation of numerous members in various aspects of economic activity within the oil industry as well as maintaining strong relations among themselves; to provide legitimate means to preserve the members' individual and collective efforts within the industry; unite on-going efforts for the procurement of oil; provide access to consumer markets on fair and reasonable terms; and provide conditions, adequate capital, and experience of investors in the oil industry.