The Organization carries out its activities through its four organs:
•
Ministerial Council:
The Ministerial Council is the supreme authority of the Organization, responsible for drawing up its general
policy.
•
Executive Bureau:
The Executive Bureau is composed of one representative from each of the member countries, drawing
recommendations and suggestions to the Council, reviewing the Organization’s draft annual budget and submitting it to the Council,
it also adopts the regulations applicable to the staff of the General Secretariat. The resolutions of the Executive Bureau are issued by
the majority of two- thirds of all members.
•
General Secretariat:
The General Secretariat of OAPEC plans, administers, and executes the Organization’s activities in accordance
with the objectives stated in the agreement and directives of the Ministerial Council. The General Secretariat is headed by the
Secretary General. The Secretary General is appointed by resolution of the Ministerial Council for a tenor of three years renewable
for similar period(s). The Secretary General is the official spokesman and legal representative of the Organization and is accountable
to the Council.
The Secretary General directs the Secretariat and supervises all aspects of its activities, and is responsible for the tasks and duties
as directed by the Ministerial Council. The Secretary General and all personnel of the Secretariat carry out their duties in full
independence and in the common interests of the Organization member countries. The Secretary General and theAssistant Secretaries
General possess in the territories of the Organization members all diplomatic immunities and privileges.
•
Judicial Tribunal:
The protocol of the Judicial Tribunal was signed in Kuwait on 9 May 1978 and came into effect on 20 April 1980.
The Tribunal is competent to consider all disputes related to the interpretation and application of OAPEC’s establishment agreement,
as well as disputes arising between two or more member countries concerning petroleum operations.
OAPEC’s Organs
OAPEC Monthly Bulletin
is published by the General
Secretariat of OAPEC- Information
and Library Department.
(ISSN: 1018-595X )
All rights reserved. No
reproduction is permitted without
prior written consent of OAPEC.
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oapec@oapecorg.orgWeb-site
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www.oapecorg.org4
Editorial
6
OAPEC Member Countries
16
OAPEC Activities
29
OAPEC Sponsored Ventures
30
Petroleum Devolopments
43
Tables Annex
In this issue
oapec
@oapec
The 145
th
Meeting of OAPEC Executive Bureau
The 16
th
Meeting of Experts on Natural Gas Investment
Cooperation Potentials in OAPEC Member Countries
16
20