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Detail OPEC logo

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Added : 3rd September 2011
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Description About OPEC logo

Download OPEC logo Wallpapers – The Organization of Petroleum Exporting Countries, OPEC short (of English Organization of Petroleum Exporting Countries) is an international organization founded in 1960. Since 1965, the cartel has its headquarters in Vienna. The original members were Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. Later, seven more states joined in: Qatar (1961), Libya (1962), the United Arab Emirates (1967), Algeria (1969), Nigeria (1971) and Angola (2007). Ecuador from 1973 to 1992 Member and Gabon from 1975 to 1992. On 17 November 2007 Ecuador returned after a 15-year break back into the organization. Indonesia has withdrawn in January 2009.

opec logo

The OPEC member states to promote about 40 percent of world oil production and have three-quarters of the world’s oil reserves. However, some experts like Matthew Simmons, among other things, that the information about the reserves of Saudi Arabia is accurate. After all non-OPEC countries, their peak (see global oil production peak) exceeded it is expected that the influence of OPEC increases. Among the world’s ten largest oil promoters are only Saudi Arabia, Iran, Kuwait, Venezuela and the United Arab Emirates in OPEC.

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