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Organization of Arab Petroleum Exporting Countries (OAPEC)

  • Barry Turner
Part of the The Statesman’s Yearbook book series (SYBK)

Abstract

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.

Copyright information

© Palgrave Macmillan, a division of Macmillan Publishers Limited 2006

Authors and Affiliations

  • Barry Turner

There are no affiliations available

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