League of Oil Producing States: Difference between revisions
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Revision as of 18:23, 12 January 2020
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League of Oil Producing States Ligue des états producteurs de pétrole | |
|---|---|
 Flag | |
| Location of League of Oil Producing States Ligue des états producteurs de pétrole | |
| Headquarters | Garrafrauns, Caldia |
| Official language | Gaullican |
| Type | Intergovernmental organisation |
| Leaders | |
• Director |  Mojmír Semanco |
| Establishment | |
• Statute | September 1976 |
• In effect | January 1978 |
Website www.LOPS.org | |
The League of Oil Producing States, often abbreviated to the LOPS, is an intergovernmental organisation of 16 nations, founded to promote the sharing of technology and extraction techniques between the oil producing nations of the world. It was established on 12 September 1976 by its original members in and since 1978 has been headquartered in Garrafrauns, Caldia. Physical disruptions to the international oil market caused by the 1975 Irvadistan War led other major oil producers to cooperate in order to minimize the impact of the war. Its mission has since evolved to assist nations in developing their oil industries. The organization is also dedicated to serving as an information source for statistics surrounding the international oil market and related industries.
The LOPS acts as a policy advisory to its members, but also advises non-member countries that important significant quantities of oil and gas. Today, it is primarily focused on the "3Es" of energy policy: export, energy security, and economic development. The organization has been criticized for working to advance the petroleum industry as global emissions have resulted in climate change. LOPS advisers have at times tried to work against the promotion of renewable energy sources.