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OPEC Conference delegates at Swissotel, Quito, Ecuador, December 2010. The OPEC Conference is the supreme authority of the organisation, and consists of delegations normally headed by the oil ministers of member countries. The chief executive of the organisation is the OPEC secretary general. The conference ordinarily meets at the Vienna ...
The OPEC Fund's Trade Finance Facility (TFF) [12] was established in 2006 to broaden the means available to the OPEC Fund to alleviate poverty and promote economic development. It is a distinct, additional window for supporting eligible developing countries in their efforts to achieve growth and prosperity.
List of OPEC secretaries general No. Name Country Tenure 1: Fuad Rouhani [A] Iran [B] 21 Jan 1961 – 30 Apr 1964 2: Abdul Rahman al-Bazzaz [A] Iraq [B] 1 May 1964 – 30 Apr 1965 3: Ashraf T. Lutfi Kuwait [B] 1 May 1965 – 31 Dec 1966 4: Mohammad Saleh Joukhdar Saudi Arabia [B] 1 Jan 1967 – 31 Dec 1967 5: Francisco R. Parra Venezuela [B]
OPEC, the Organization of the Petroleum Exporting Countries, an organization of thirteen countries accounting for an estimated 42 percent of global oil production and 73 percent of the world's proven oil reserves. (OPEC+: the OPEC countries plus Russia)
OPEC later extended the cuts until November. Saudi Arabia and allied oil producing countries said on Sunday they would postpone a plan to gradually increase oil output until the end of the year ...
The Organization of the Petroleum Exporting Countries (OPEC) comprises countries that have organized to coordinate their petroleum policies for the stabilization of oil markets. Subcategories This category has the following 2 subcategories, out of 2 total.
That means OPEC's market power lately is "less than you would imagine," U.S. Assistant Secretary of State for Energy Resources Geoffrey Pyatt told the Wall Street Journal ahead of the oil group's ...
Barkindo first became one of Nigeria's delegates to OPEC ministerial conferences in 1986. In 1993, he was appointed as Nigeria's representative on the OPEC economic commission board (ECB). [4] He remained on the board until 2008, and as a delegate until 2010. From 2009 to 2010, he was the Nigerian Governor on the OPEC Board of Governors. [1]