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Match List-I with List-II:

List-I
(Petroleum Producing Centres)

List-II
(Countries)

 a. Alwand  i. Iraq
 b. Agha Jari  ii. Egypt
 c. Sinai Peninsula  iii. Iran
 d. Minas  iv. Indonesia

Choose the correct option from those given below:
1. a - i, b - iii, c - ii, d - iv
2. a - ii, b - iii, c - iv, d - i
3. a - iii, b - ii, c - i, d - iv
4. a - iv, b - iii, c - ii, d - i

1 Answer

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Correct Answer - Option 1 : a - i, b - iii, c - ii, d - iv

List-I
(Petroleum Producing Centres)

List-II
(Countries)

 a. Alwand  i. Iraq
 b. Agha Jari  iii. Iran
 c. Sinai Peninsula  ii. Egypt
 d. Minas  iv. Indonesia

The correct option is, a - i, b - iii, c - ii, d - iv

Organization of the Petroleum Exporting Countries: 

  • OPEC is a permanent intergovernmental organization of 13 oil-exporting developing nations
  • OPEC coordinates and unifies the petroleum policies of its Member Countries.
  • The OPEC Secretariat is located in Vienna, it also functions as the Headquarter of the Organization. 
  • The Organization of the Petroleum Exporting Countries (OPEC) is a permanent, intergovernmental Organization
  • OPEC was created at the Baghdad Conference on September 10–14, 1960,
  • Former members are Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela.
  • Presently it has 13 member countries
  • Qatar terminated its membership on 1 January 2019.
  • H. E. Mohammad Sanusi Barkindo, OPEC Secretary-General

Member countries:

  1. Algeria
  2. Angola
  3. Congo
  4. Equatorial Guinea
  5. Gabon
  6. ran
  7. wait
  8. Libya
  9. Nigeria
  10. Saudi Arabia
  11. United Arab Emirates
  12. Venezuela
  • First goal èkeep prices stable
  • The second goal è reduce oil price volatility
  • The third goal to adjust the world's oil supply in response to shortages

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