Q. Which of the following countries are members of Organization of the Petroleum Exporting Countries Plus?
Bahrain
Oman
Kazakhstan
Qatar
Algeria
Choose the correct answer using the codes given below: Answer:
Only 1, 2, 3 & 5
Notes:
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.
OPEC is a permanent, intergovernmental organization.
It is headquartered in Vienna, Austria.
OPEC membership is open to any country that is a substantial exporter of oil and which shares the ideals of the organization.
OPEC has since expanded and now has 13 member states, Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, United Arab Emirates, Venezuela. Qatar terminated its membership on 1st January 2019.
With the addition of another 10 allied major oil-producing countries, the OPEC is known as OPEC+.
OPEC+ countries include 13 OPEC member countries plus Azerbaijan, Bahrain, Brunei, Kazakhstan, Malaysia, Mexico, Oman, Russia, South Sudan and Sudan.