OPEC
OPEC aims to unify and coordinate the petroleum policies of member states was formed.
OPEC (opec) English acronym of the Petroleum Exporting Countries (Organization of petroleum Exporting Counteries) at the conference that during days 10 to 14 September 1960 in Baghdad attended by representatives of Iran, Iraq, Kuwait, Saudi Arabia and Venezuela was held on the basis of It was placed.
Later joined by Qatar (1961), Indonesia (1962), Libya (1962), the United Arabic Emirates (1967), Algeria (1969), Nigeria (1971), Ecuador (1973) and Gabon (1975) to 13 members Country rose.
Ecuador from the end of 1992, OPEC suspended its membership in early 2007, but once again their desire for membership in this organization has announced. Gabon withdrew its membership from the beginning of 1995.
Also at the request of the African country of Angola for membership in the Organization of Petroleum Exporting Countries, one hundred and forty-third meeting of OPEC ministers on December 14, 2006 was held in Abuja Nigeria for an extraordinary OPEC member countries agreed.
The main objectives of the organization as stated in the statutes of the organization, to coordinate and unify the petroleum policies of its members and determine the best ways to protect their interests individually and collectively.
The organization also sought various ways to ensure the global oil market price volatility by eliminating harmful and unnecessary.
OPEC organizational structure including Ministerial Conference, Executive Board Secretariat, Department of Research and Economic Commission.
The highest organ of the OPEC Conference of Ministers and heads of delegations of member states that are usually oil minister, is.
The Ministerial Conference is held every year at least two meetings and public policy organization responsible for regulating and developing ways of its implementation.
In addition to its two annual regular session of the Ministerial Conference, by necessity extraordinary meetings as well.
OPEC introduced by the Executive Board composed of representatives of Member States elected by the Conference of Ministers for a period of two years. Delegation of tasks such as management, the implementation of the resolutions of the ministerial drafting the annual budget and submit it to the Conference of Ministers responsible for reviewing the reports sent to the Secretariat.
Another pillar of the OPEC Secretariat of the Executive Board under the constitution and OPEC is responsible for administrative matters. Secretariat headed by Secretary-General is authorized to represent the legal and executive director of the Secretariat of the Executive Board in accordance with the instructions of the organization runs.
OPEC also has a research department under the Secretariat for the organization conducts research and has three energy studies, market analysis and information services is oil.
OPEC Secretariat in Geneva, Switzerland headquarters until 1965 and this year with the adoption of the 1977 Ministerial Conference in Vienna, Austria, where he is also the current building is located next to the Danube Canal.