Trick to remember OPEC Countries
VINAYS INFO
Organization of the Petroleum Exporting Countries is an intergovernmental organization of 13 nations, founded in 1960 by the first five members, and headquartered since 1965 in Vienna, Austria. The 13 countries account for 40 percent of global oil production and 73 percent of the world’s “proven” oil reserves, making OPEC a major influence on global oil prices. The Organization of the Petroleum Exporting Countries (OPEC) is a permanent, intergovernmental Organization, created at the Baghdad Conference on September 10–14, 1960, by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela.
Trick to remember OPEC Countries
after QUAKE ANIL IS Very afraid.
QUAKE
Q – Quatar
U – UAE
A – Algeria
K – Kuwait
E – Ecuador
ANIL
A – Angola
N – Nigeria
I – Iran
L – Libya
IS
I – Iraq
S – Saudi Arabia
Very
V – Venzuela