OAPEC: its growing role in Arab and world affairs

Journal Article · · J. Energy Dev.; (United States)

OSTI ID:5173612

Tomeh, G

The Organization of Arab Petroleum Exporting Countries (OAPEC) is examined in terms of its historical background, relationship to The Organization of Petroleum Exporting Countries (OPEC), and its role in world affairs. OAPEC, created in 1968, is an economic extension of the sense of regionalism and independence that followed the establishment of the League of Arab States in 1945. Its purposes include cooperation in the management and conservation of petroleum resources and coordination of the members' petroleum policies. The organization developed an administrative authority to plan policy and to train and educate manpower for the industry. Its purpose differs from that of OPEC, which was formed to defend oil prices against the pressures of its customers, while OPAEC was a response to the need for long-term interdependence of its members. Accomplishments of OAPEC include servicing oil projects, creating joint firms, and reaching a high level of coordination. (DCK)

• Research Organization: Univ. of Wisconsin, Madison
• OSTI ID: 5173612
• Journal Information: J. Energy Dev.; (United States), Journal Name: J. Energy Dev.; (United States) Vol. 3:1; ISSN JENDD
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700 -- Petroleum-- Economics
Industrial
& Business Aspects
021000 -- Petroleum-- Legislation & Regulations
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002* -- Energy Planning & Policy-- Petroleum
AGREEMENTS
ECONOMIC DEVELOPMENT
ECONOMIC POLICY
EDUCATION
INDUSTRY
INTERNATIONAL AGREEMENTS
INTERNATIONAL COOPERATION
INTERNATIONAL ORGANIZATIONS
MANAGEMENT
MANPOWER
OAPEC
OPEC
PETROLEUM INDUSTRY
PLANNING
RESOURCE CONSERVATION
TECHNOLOGY TRANSFER