Foundation Date: September 1959
Headquarter: Vienna (Austria)
Secretary-General: Abdalla Salem El-Badri
Member Countries: 12
The Organization of the Petroleum Exporting Countries (OPEC) is a permanent, intergovernmental Organization, created at the Baghdad Conference on September 10–14, 1960, by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. The five Founding Members were later joined by nine other Members: Qatar (1961);Indonesia (1962) – suspended its membership from January 2009;Libya (1962);United Arab Emirates (1967);Algeria (1969);Nigeria (1971);Ecuador (1973) – suspended its membership from December 1992-October 2007;Angola (2007) and Gabon (1975–1994). OPEC had its headquarters in Geneva, Switzerland, in the first five years of its existence. This was moved to Vienna, Austria, on September 1, 1965.
OPEC's objective is to co-ordinate and unify petroleum policies among Member Countries, in order to secure fair and stable prices for petroleum producers;an efficient, economic and regular supply of petroleum to consuming nations;and a fair return on capital to those investing in the industry.
Print media are lightweight, portable, disposable publications printed on paper and circulated as physical copies in forms we call books, newspapers, magazines and newsletters. They hold informative and entertaining content that is of general or special interest. They are published either once or da →
History of United Nation The name "United Nations", coined by United States President Franklin D. Roosevelt was first used in the Declaration by United Nations of 1 January 1942. In 1945, representatives of 50 countries met in San Francisco at the United Nations Conference on International Organiza →
In 2009, an unknown programmer by the name of Satoshi Nakamoto put forward a whitepaper that proposed a creation of new form of digital currency - cryptocurrency. Cryptocurrency functions the same way as regular currencies do in that its used as a means of exchange, unit of account and a store of va →
Headquarter: New Delhi Function of the Organization: The Medical Council of India was established in 1934 under the Indian Medical Council Act, 1933, now repealed, with the main function of establishing uniform standards of higher qualifications in medicine and recognition of medical qualifications →
If you contribute your content to our site. Please mail us your content to firstname.lastname@example.org