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Tag: opec member countries

List of OPEC member countries

Posted on March 14, 2021 by Vincent Augustine D'Souza

The Organization of the Petroleum Exporting Countries (OPEC) was founded in Baghdad, Iraq, with the signing of an agreement in September 1960 by five countries namely Islamic Republic of Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. They were to become the Founder Members of the Organization.

OPEC’s objective is to co-ordinate and unify petroleum policies among Member Countries, in order to secure fair and stable prices for petroleum producers; an efficient, economic and regular supply of petroleum to consuming nations; and a fair return on capital to those investing in the industry.

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Vincent Augustine D’Souza

Quizmaster Vincent Augustine D'Souza

Vincent Augustine D’Souza is a blogger, author, novelist, and quiz master.

He writes on politics, economy, corruption, terrorism, current events, sports/games and many more topics on his blog Voice From The Rooftop.

He has written four novels — King, Pope, Dream and Trump.

His major non-fiction work is English Konkani Dictionary.

He has also written Model Constitution for India and Model Constitution for United States of America.

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