Consider the following statements regarding OPEC Organization of the petroleum exporting countries 1...........

International Affairs International Institutions

Download Solution PDF

Consider the following statements regarding OPEC(Organization of the petroleum exporting countries):

1. The OPEC is an intergovernmental organization of 16 oil-exporting developing nations.

2. Headquarter of this organization is in Baghdad.

3. Angola is a part of this organization.

Which of the above statement are incorrect?

1 and 2 only

1 and 3 only

1,2 and 3

None of the above

छोटे Courses बड़े Results

Master International Institutions

Prepare through Micro-courses

Try Now

Explanation:

The OPEC is an intergovernmental organization of 14 oil-exporting developing nations that coordinates and unifies the petroleum policies of its member countries.
Established: 1960 in Baghdad, Iraq by the first five members.
Headquarters: Vienna, Austria.
OPEC Members: Algeria, Angola, Libya, Nigeria and Gabon (from Africa); Indonesia, Iran, Iraq, Saudi Arabia (the de facto leader) Kuwait, Qatar, United Arab Emirates (from Asia); Ecuador and Venezuela (from Latin America).