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Headquarters of 'OPEC' is situated in:
1. Paris
2. Vienna
3. London
4. Delhi

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Correct Answer - Option 2 : Vienna

The correct answer is Vienna.

  • Organization of the Petroleum Exporting Countries (OPEC) 
    • The OPEC is a permanent intergovernmental organization of 13 oil-exporting countries.
    • Founded: 14 September 1960 by the first five members( Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela) at Baghdad, Iraq.
    • OPEC has its headquarters in Geneva Switzerland in the first five years of its existence. This was moved to Vienna, Austria on September 1, 1995.
    • Headquarters: Vienna, Austria.
    • Secretary-General: Mohammed Barkindo.
    • The stated mission of the organization is to coordinate and unify the petroleum policies of its member countries and ensure the stabilization of oil markets.
    • In order to secure an efficient, economic, and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.

  • International Organizations and their Headquarters:
  • Vienna, Austria-
  1. United Nations Industrial Development Organization.
  2. International Atomic Energy Agency.
  3. Organization of Petroleum Exporting Countries.
  • Paris, France-
  1. United Nations Educational Scientific and Cultural Organization.
  2. Organization for Economic Cooperation and Development.
  3. International Chamber of Commerce.
  • London, United Kingdom-
  1. Amnesty International.
  2. International Maritime Organization.
  3. Consumers International.
  4. Commonwealth of Nations.

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