What does OPAEC mean in ENERGY
OAPEC stands for the Organization of Arab Petroleum Exporting Countries. It was established in 1968 as a regional intergovernmental organization to promote and coordinate cooperation between its member countries in all fields related to oil, primarily in oil production and export. The main objectives of OAPEC are to promote cooperation and strengthen ties between members, protect member countries' interests, improve the quality of oil production and operations, and foster international understanding among members.
OPAEC meaning in Energy in Governmental
OPAEC mostly used in an acronym Energy in Category Governmental that means Organization of Arab Petroleum Exporting Countries
Shorthand: OPAEC,
Full Form: Organization of Arab Petroleum Exporting Countries
For more information of "Organization of Arab Petroleum Exporting Countries", see the section below.
» Governmental » Energy
Essential Questions and Answers on Organization of Arab Petroleum Exporting Countries in "GOVERNMENTAL»ENERGY"
What is OAPEC?
OAPEC stands for the Organization of Arab Petroleum Exporting Countries. It is an intergovernmental organization whose primary objective is to promote and coordinate cooperation between its member countries in all fields related to oil.
When was OAPEC established?
OAPEC was established in 1968.
What are the main objectives of OAPEC?
The main objectives of OAPEC are to promote cooperation and strengthen ties between members, protect member countries' interests, improve the quality of oil production and operations, and foster international understanding among members
Final Words:
The Organization of Arab Petroleum Exporting Countries (OAPEC) is a regional intergovernmental organization whose primary mission is to promote and coordinate cooperation between its member countries in all fields related to oil. Since 1968 it has grown from just six founding members into 11 current members with a wide range of objectives including protecting national interests from outside forces within the region as well as promoting peace through international understanding.