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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Founded by the Governments of Saudi Arabia, Kuwait and Libya.
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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Ministerial Council (meets twice a year) comprising 10 oil Ministers or comparable officials from each member country; chairmanship rotates annually. Executive Bureau (meets 3 times a year) consisting of 10 senior official (one from each member country); chairmanship rotates annually. K-XF8610 - Judicial Tribunal of the Organization of Arab Petroleum Exporting Countries (OAPEC Judicial Tribunal), consisting of 5 judges, including Tribunal President, Vice-President and 3 members. General Secretariat, comprising Secretary General and Directors of 4 Departments: Information and Library; Finance and Administrative Affairs; Economics; Technical Affairs. The 2 latter departments comprise U-XE1110 - Arab Centre for Energy Studies (ACES).
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