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OPEC - Organization of the Petroleum Exporting Countries

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OPEC - Organization of the Petroleum Exporting Countries

The Organization of the Petroleum Exporting Countries (OPEC) was founded in Baghdad in 1960, with headquarters in Vienna and fourteen Member States to date, i.e. Algeria, Angola, Ecuador, Equatorial Guinea, Gabon, Irak, Iran, Kuwait, Libya, Nigeria, Qatar, Saudi-Arabia, the United Arab Emirates and Venezuela. OPEC's main objectives as set out in its statute are price stability and regular consultations of all Member States on common production and market policies. The Oil ministers of OPEC Member States agree on Common guidelines regarding production policies and quotas at regular meetings in Vienna.


Contact the OPEC Secretariat:


OPEC in the world wide web:

OPEC and the OPEC Fund for International Cooperation are located in Vienna:

Website OPEC

Website OPEC-Fonds


German Energy Policy:

For more information visit the homepage of the German Federal Foreign Office and the homepage of the Federal Ministry for Economics and Technology, section „Conventional energy sources“:

Federal Foreign Office - Energy Security

Federal Ministry for Economics and Energy




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