Member states of OPEC
The OPEC has twelve member states: six in the Middle East, four in Africa, and two in South America.
List
Country | Region | Joined OPEC[1] | Population (July 2008)[2] |
Area (km²)[3] |
---|---|---|---|---|
![]() |
Africa | 1969 | 33,779,668 | 2,381,740 |
![]() |
Africa | 2007 | 12,531,357 | 1,246,700 |
![]() |
South America | 2007[A 1] | 13,927,650 | 283,560 |
![]() |
Middle East | 1960[A 2] | 75,875,224 | 1,648,000 |
![]() |
Middle East | 1960[A 2] | 28,221,180 | 437,072 |
![]() |
Middle East | 1960[A 2] | 2,596,799 | 17,820 |
![]() |
Africa | 1962 | 6,173,579 | 1,759,540 |
![]() |
Africa | 1971 | 146,255,300 | 923,768 |
![]() |
Middle East | 1961 | 824,789 | 11,437 |
![]() |
Middle East | 1960[A 2] | 28,146,656 | 2,149,690 |
![]() |
Middle East | 1967 | 4,621,399 | 83,600 |
![]() |
South America | 1960[A 2] | 26,414,816 | 912,050 |
Total | 369,368,429 | 11,854,977 km² |
Former members
Country | Region | Joined OPEC | Left OPEC |
---|---|---|---|
![]() |
Africa | 1975 | 1994 |
![]() |
East Asia | 1962 | 2008 |
The United States was a de facto member during its formal occupation of Iraq via the Coalition Provisional Authority.[4][5]
Indonesia left OPEC in 2008 because it ceased to be a net exporter of oil. It could not fulfill the demand of its own country's needs, as growth in demand outstripped output. The situation was made worse because of lacking legal certainty and corruption that deterred foreign investors from investing in new reserves in Indonesia. In recent times, the government has increased financial incentives for foreign firms to invest in exploration and extraction but has found itself forced to import more supplies from the likes of Iran, Saudi Arabia and Kuwait. Indonesia's departure from OPEC will not likely affect the amount of oil it produces or imports. [6]
References
- ↑ "Who are OPEC Member Countries?". Organization of Petroleum Exporting Countries. Retrieved 4 January 2009.
- ↑ "Field Listing - Population". CIA World Factbook. Central Intelligence Agency. Retrieved 4 January 2009.
- ↑ "Field Listing - Area". CIA World Factbook. Central Intelligence Agency. Retrieved 4 January 2009.
- ↑ Noah, Timothy (2007-07-10). "Go NOPEC! Congress takes on the biggest, baddest cartel of all". Slate. Retrieved 2009-08-21.
- ↑ Noah, Timothy (2003-09-18). "Is Bremer a Price Fixer? Letting Iraq's oil minister attend an OPEC meeting may violate the Sherman Antitrust Act". Slate.
- ↑ "Indonesia to withdraw from OPEC". BBC News. 2008-05-28.