OPEC

OPEC is the Organization of the Petroleum Exporting Countries. It is an oil cartel whose mission is to coordinate the policies of the oil-producing countries. The goal is to secure a steady income to the member states and to secure supply of oil to the consumers.It was founded in Baghdad, Iraq, with the signing of an agreement in September 1960 by five countries namely Islamic Republic of Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. They were to become the Founder Members of the Organization.
These countries were later joined by Qatar (1961), Indonesia (1962), Libya (1962), the United Arab Emirates (1967), Algeria (1969), Nigeria (1971), Ecuador (1973), Gabon (1975) and Angola (2007). 


From December 1992 until October 2007, Ecuador suspended its membership. Gabon terminated its membership in 1995. Indonesia suspended its membership effective January 2009. 

Currently, the Organization has a total of 12 Member Countries.

Memory Trick :       AQUA VEIL SKIN

A  ------------------------------------------ Algeria
Q  ------------------------------------------ Qatar
U  ------------------------------------------ United Arab Emirates
A  ------------------------------------------ Angola
V  ------------------------------------------ Venezuela
E  ------------------------------------------ Ecuador
I   ------------------------------------------ Iraq  
L  ------------------------------------------ Libya
S  ------------------------------------------ Saudi Arabia
K  ------------------------------------------ Kuwait
I   ------------------------------------------ Iran  
N  ------------------------------------------ Nigeria

How To Remember:

We all know OPEC countries are situated on coastal regions, so we can remember AQUA which means water. These are mainly Islamic countries where women wear VEIL (Burqa) to cover their SKIN when in public.