50th Anniversary of the Organization of the Petroleum Exporting Countries – OPEC
Emirates Post has issued a special commemorative stamp celebrating OPEC’s 50th Anniversary. The stamp features the slogan ‘Supporting Stability, Fuelling Prosperity’ which summarizes the two pillars of OPEC´s efforts over the past half century.
Since joining the Organization, the UAE has played an active role in OPEC. A total of 25 Ministerial Conferences have been held under the presidency of the UAE. Furthermore, the UAE has provided two Secretary-Generals during the Organization’s history.
OPEC’s work over the last 50 years has had a lasting impact on its members and on the global community. It has created a bridge between producers and consumers, enabling discussions on key issues, such as long term energy supplies, technology, trade and protection of environment.
The Organization of the Petroleum Exporting Countries (OPEC) was formed on 14th September 1960 and the UAE joined the organisation in 1967.