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Organization of Arab Petroleum Exporting Countries (OAPEC)

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Part of the book series: The Statesman’s Yearbook ((SYBK))

Abstract

The Organization of Arab Petroleum Exporting Countries (OAPEC) was established in 1968 to promote co-operation and close ties between member states in economic activities related to the oil industry; to determine ways of safeguarding their legitimate interests, both individual and collective, in the oil industry; to unite their efforts so as to ensure the flow of oil to consumer markets on equitable and reasonable terms; and to create a favourable climate for the investment of capital and expertise in their petroleum industries.

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Authors

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Barry Turner

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© 2004 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Turner, B. (2004). Organization of Arab Petroleum Exporting Countries (OAPEC). In: Turner, B. (eds) The Statesman’s Yearbook 2005. The Statesman’s Yearbook. Palgrave Macmillan, London. https://doi.org/10.1057/9780230271333_59

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