Organization of Arab Petroleum Exporting Countries (OAPEC)

Organisation des pays arabes exportateurs de pétrole (OPAEP)
Organización de Paises Arabes Exportadores de Petróleo (OPAEP)

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Contact Details

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History

9 Jan 1968, by the Governments of Saudi Arabia, Kuwait and Libya.

Aims

Coordinate efforts and encourage cooperation among member countries in the various forms of economic activity in the petroleum industry; undertake research into production and manpower requirements in Arab petroleum projects; establish a central research and documentation system. Promote and coordinate activities leading to: development of petroleum industry infrastructure in Arab countries; establishment of joint ventures in the Arab oil industry; dissemination of information on energy and economics.

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Activities

Organizes: Arab Energy Conference (every 4 years); Meeting of Experts from Energy Exporting and Importing Countries (every 2 years); Coordination Meeting of Environment Experts in OAPEC Countries; annual coordination meeting of OAPEC-sponsored joint ventures; specialized symposia; cooperation seminars with non-Arab countries; joint conferences, meetings and workshops; training programmes, notably through Arab Petroleum Training Institute (APTI). Presents 'OAPEC Scientific Award' for research in the field.

Coordinates with League of Arab States (LAS) in the following areas:

 • Participation in meetings of High Coordination Committee for Joint Arab Action;

 • Monitoring progress of work on the 'Greater Arab Free Trade Area' (GAFTA);

 • Cooperation on environmental affairs, as an Observer in the meetings of Council of Arab Ministers Responsible for the Environment (CAMRE);

 • Unified Arab Economic Report, also in cooperation with Arab Monetary Fund (AMF) and Arab Fund for Economic and Social Development (AFESD).

OAPEC-sponsored ventures (joint undertakings):

 • Arab Maritime Petroleum Transport Company (AMPTC);

 • Arab Shipbuilding and Repair Yard Company (ASRY);

 • Arab Petroleum Investments Corporation (APICORP), including -

 • -Arab Company for Detergent Chemicals (ARADET);

 • Arab Petroleum Services Company (APSCO), including -

 • -Arab Drilling and Workover Company (ADWOC),

 • -Arab Well Logging Company (AWLCO),

 • -Arab Geophysical Exploration Services Company (AGESCO).

Relevant treaties include: United Nations Framework Convention on Climate Change (UNFCCC).

Structure

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Languages

Arabic.

Staff

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Financing

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Relations with Inter-Governmental Organizations

Relations with 25 inter-governmental organizations.
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Relations with Non-Governmental Organizations

Relations with 3 non-governmental organizations.
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Publications

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Information Services

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Members

Members in 10 countries
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Type I Classification

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Type II Classification

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Subjects *

  • Resources
    • Petroleum
  • Commerce
    • Import, Export

UN Sustainable Development Goals **

GOAL 8: Decent Work and Economic GrowthGOAL 12: Responsible Consumption and Production

UIA Org ID

D0064

Last News Received

2018
* Subject classification is derived from the organization names and aims.
** UN SDGs are linked to the subject classification.

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