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Q: How are the members selected in the OPEC?
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Which Latin American nations are members of OPEC?

Venezuela and Ecuador are the only OPEC members in Latin America.


How many members in OPEC?

There are twelve members in OPEC: Algeria Angola Ecuador Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia UAE Venezuela Gabon and Indonesia used to be members of OPEC but left in 1994 and 2009.


Who are the 3 former members of opec?

Saudia Arabia opec OPEC oil reserves OPEC oil crisis


What organization is known as OPEC?

The organization that is known as OPEC is the Organization of Petroleum Exporting Countries. This organization has a goal of producing steady income for countries that are members of OPEC.


What is the organization known as OPEC?

The organization that is known as OPEC is the Organization of Petroleum Exporting Countries. This organization has a goal of producing steady income for countries that are members of OPEC.


Where are most of the members of the OPEC located?

Middle East


Is Germany a member of OPEC?

No. OPEC Members are all oil producing countries. Germany is not an oil producing country.


Do only Arab countries belong to OPEC?

This is false. Four OPEC members are non-Arab countries.


In what year did Saudi Arabia join OPEC?

Saudi Arabia joined opec in 1960 it was one of the founding members


Is southwest Asia part of OPEC?

Not all Southwest Asian countries are part of OPEC but over half of OPEC's membership comes from Southwest Asia and a good number of Southwest Asian countries are OPEC members.


Which countries are members of OPEC?

IraqKuwaitIranSaudi ArabiaVenezuelaLibyaUnited Arab EmiratesQatarAlgeriaNigeriaEcuadorAngola


Is Chile a member of OPEC?

No. Although Mexico is a major oil exporting country, it does not belong to the OPEC (Organization of the Petroleum Exporting Countries).