OAPEC stands for the Organization of Arab Petroleum Exporting Countries. Established in 1968, it is a regional intergovernmental organization comprising Arab member nations that are major exporters of oil and petroleum products. The primary goal of OAPEC is to coordinate and unify the energy policies of its members, to ensure stability in oil markets, foster sustainable development, and promote cooperation among member states. With its headquarters located in Kuwait, OAPEC plays a crucial role in the global energy sector and remains committed to promoting the interests of Arab petroleum-exporting nations.
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Oapec Full Form in English
OAPEC, which stands for the Organization of Arab Petroleum Exporting Countries, is an intergovernmental organization that was established in 1968. It comprises 11 member countries from the Arab region, including Algeria, Bahrain, Egypt, Iraq, Kuwait, Libya, Qatar, Saudi Arabia, Syria, Tunisia, and the United Arab Emirates. As the name suggests, OAPEC’s main objective is to coordinate and unify the petroleum policies of its member states in order to ensure fair and stable prices for oil, as well as guarantee the reliable supply of petroleum to the global market. Furthermore, OAPEC also aims to foster mutual cooperation and facilitate the exchange of technical expertise among its member countries. By promoting collaboration and addressing common challenges, OAPEC contributes to the sustainable development and growth of the Arab petroleum industry.
Oapec Full Form in Hindi
ओएपेक का हिंदी में पूरा रूप होता है “अरब पेट्रोलियम आपूर्ति आगामीकरण संगठन”। यह एक विश्व स्तरीय संगठन है जो 1968 में गठित किया गया था। इसका मुख्य उद्देश्य आरबी देशों के बीच तारबंदी और तरल पदार्थों के संबंध में सहयोग और समन्वय सुनिश्चित करना है। ओएपेक इसके सदस्य देशों के समूह के रूप में कार्य करता है और पेट्रोलियम उद्योग के महत्वपूर्ण मुद्दों पर आधारित नीतियों को प्रशासित करता है। इसके सत्र नयापन और तकनीकी समितियाँ विभिन्न विषयों पर निरंतर अध्ययन करती हैं और सुनिश्चित करती हैं कि पेट्रोलियम उद्योग सुरक्षित, संतुलित और विज्ञान पर आधारित होता है।
In conclusion, the OAPEC, or Organization of Arab Petroleum Exporting Countries, plays a crucial role in the global oil market. This organization aims to coordinate policies and strategies among its member countries, ensuring stable and fair oil prices for both producers and consumers. Through its collaborations and initiatives, the OAPEC has successfully contributed to the development and growth of the Arab petroleum industry.