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OPEC Member Countries




OPEC Member Countries

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Description : Map shows the Location of OPEC Member in World Map. Disclaimer







  OPEC Member Countries  
OPEC Country NameContinent/RegionJoined OPECPopulationArea (sq km)Oil Production (bbl/day)
      
Saudi ArabiaMiddle East19602653450421496908,800,000
EcuadorSouth America200715223680283560485,700
IranMiddle East19607886871116480004,172,000
United Arab EmiratesMiddle East19675314317836002,798,000
KuwaitMiddle East19602646314178202,494,000
VenezuelaSouth America1960280479389120502,472,000
IraqMiddle East1960311292254370722,399,000
NigeriaAfrica19711701237409237682,211,000
LibyaAfrica1962561338017595402,210,000
AlgeriaAfrica19693736722623817402,125,000
AngolaAfrica20071805607212467001,948,000
QatarMiddle East19611951591114371,213,000
  Total36936842911,854,977 kmĀ²33,327,700 bbl/day

The OPEC member countries map shows a World Map, where all the member countries of OPEC have been highlighted.
OPEC stands for the Organization of the Petroleum Exporting Countries. The mission of OPEC is to coordinate and unify petroleum policies of Member Countries. OPEC is made up of eleven developing countries - Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates and Venezuela. These countries rely on oil revenues as their main source of income. All these countries export oil substantially.

The organization aims at coordinating and unifying petroleum policies of its member countries. OPEC also aims at stabilizing prices in the international oil markets. It wants to secure a steady income to the producing countries. OPEC has not succeeded always in putting a stabilizing influence on the market. Oil revenues are vital for the economic development of these nations.

The Representatives of OPEC Member Countries (Heads of Delegation) get together at the OPEC Conference to co-ordinate and unify petroleum policies. Their aim is to promote stability and harmony in the oil market. About 40 per cent of the world's oil output comes from the OPEC member countries. They possess more than three-quarters of the world's total proven crude oil reserves.

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