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Publishers

OPEC

Organization of the Petroleum Exporting Countries

Helferstorferstraße 17

1010 Vienna

Austria

Telephone: +43 1 211 12/0

Telefax: +43 1 216 4320

Contact: The Editor-in-Chief, OPEC Bulletin

Fax: +43 1 211 12/5081

E-mail:

prid@opec.org

Website:

www.opec.org

Website:

www.opec.org

Visit the OPEC website for the latest news and infor-

mation about the Organization and back issues of the

OPEC Bulletin

which are also available free of charge

in PDF format.

OPEC Membership and aims

OPEC is a permanent, intergovernmental Organization,

established in Baghdad, on September 10–14, 1960,

by IR Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. Its

objective — to coordinate and unify petroleum policies

among its Member Countries, in order to secure a steady

income to the producing countries; an efficient, economic

andregularsupplyofpetroleumtoconsumingnations;and

a fair return on capital to those investing in the petroleum

industry. Today, the Organization comprises 14 Members:

Qatar joined in 1961; Libya (1962); United Arab Emirates

(Abu Dhabi, 1967); Algeria (1969); Nigeria (1971); Angola

(2007); Equatorial Guinea (2017). Ecuador joined OPEC in

1973, suspended its Membership in 1992, and rejoined in

2007.Indonesiajoinedin1962,suspendeditsMembership

on December 31, 2008, reactivated it on January 1, 2016,

but suspended its Membership again on December 31,

2016. Gabon joined in 1975 and left in 1995; it reactivated

its Membership on July 1, 2016.

Cover

The 5

th

Meeting of the Joint Ministerial

Monitoring Committee convened at the OPEC

Secretariat on October 20, 2017 (see feature

starting on p4).

O P E C b u l l e t i n

Vol XLVIII, No 5, October 2017, ISSN 0474–6279

Conference Notes

Spot l ight

Forum

Dialogue

World Expo 2017

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5

th

Meeting of the Joint OPEC and non-OPEC Ministerial Monitoring Committee

Nigerian oil minister optimistic on oil market in 2018

Libya’s NOC Chair says cooperation will benefit all stakeholders

Venezuelan Oil Minister pays special visit to OPEC Secretariat

Venezuelan Oil Minister shares vision for OPEC

OPEC Secretary General addresses the Oxford Energy Seminar

Secretary General addresses first India Energy Forum

OPEC attends inaugural high-level oil and gas conference in China

OPEC facilitates knowledge exchange on Asian energy outlook

Expo 2017, Astana, Kazakhstan

A special day for OPEC at Expo 2017

OPEC Member Countries showcase culture and innovation at Expo 2017

Expo 2017: a rich legacy for Kazakhstan

From the Crystal Palace to Astana 2017: a brief history of world fairs

4

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C o n t e n t s

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