State of Kuwait Directory - Organization for Arab Petroleum Exporting Countries

The Organization of Arab Petroleum Exporting Countries (OAPEC) is a regional inter-governmental organization established by an agreement signed in Beirut on January 9, 1968 by Kuwait, Libyan (Kingdom of Libya at that time) and the Kingdom of Saudi Arabia. The three founding members chose the state of Kuwait for the Organizations' domicile and headquarters.

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Organization for Arab Petroleum Exporting Countries - oapec

Phone : 24959000
Fax : 24959755-24815747

Recognizing the role of Petroleum as a principal and basic source of its members' income, OAPEC is concerned with the
development and prosperity of the world petroleum industry by fostering close and fruitful cooperation among its members. It is guided by the belief in the importance of building an integrated petroleum industry as a cornerstone for future economic
integration amongst Arab countries and contributes to the effective use of the resources of member countries through
sponsoring joint ventures. By 1982 the membership of the Organization increased to eleven Arab oil exporting countries namely: Algeria (1970),
Bahrain (1970) (now Kingdom of Bahrain), Egypt (1973), Iraq (1972), Kuwait (1968), Libya (1968), Qatar (1970), Kingdom of
Saudi Arabia (1968), Syria (1972), Tunisia (1982) and United Arab Emirates (1970). In 1986, Tunisia submitted its membership withdrawal request from the Organization. The Ministerial Council deliberated the
request and agreed to suspend Tunisia's rights and obligations in OAPEC until such a time that Tunisia chooses to
reactivate its membership

Organization for Arab Petroleum Exporting Countries - oapec

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