The mission of the Organization of the Petroleum Exporting Countries (OPEC) is to coordinate and unify the petroleum policies of its Member Countries and ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers and a fair return on capital for those investing in the petroleum industry.
OPEC member countries today control 75% of all the world's oil reserves, delivering one third of all oil production worldwide and half of the oil exports worldwide.
More information:
Instructions:
Identify which states belong to the Organization of the Petroleum Exporting Countries (OPEC).
Example
Solution
Identify the state or states that belong to the OPEC.
Gabon
Georgia
Liberia
United Arab Emirates
Iran
Cape Verde
Solve exercises
Country | Capital city | Area (km2) | Population | GDP per capita | |
---|---|---|---|---|---|
Algeria | Algiers | 2 381 740 | 42 545 964 | 15 292 | |
Angola | Luanda | 1 246 700 | 29 250 009 | 6 657 | |
Congo, Republic of the | Brazzaville | 342 000 | 4 324 000 | 5 454 | |
Ecuador | Quito | 283 560 | 17 120 000 | 11 612 | |
Equatorial Guinea | Malabo | 28 051 | 761 000 | 24 439 | |
Gabon | Libreville | 267 667 | 1 594 000 | 18 113 | |
Iran | Tehran | 1 648 000 | 81 972 000 | 20 884 | |
Iraq | Baghdad | 437 072 | 39 339 753 | 16 935 | |
Kuwait | Kuwait City | 17 820 | 3 582 054 | 72 095 | |
Libya | Tripoli | 1 759 540 | 6 506 000 | 19 673 | |
Nigeria | Abuja | 923 768 | 193 392 517 | 5 887 | |
Saudi Arabia | Riyadh | 2 218 000 | 33 413 660 | 53 893 | |
United Arab Emirates | Abu Dhabi | 82 880 | 8 264 070 | 74 035 | |
Venezuela | Caracas | 912 050 | 31 828 110 | 17 694 | |
OPEC | 12 548 848 | 493 893 137 | 16 185 |