OPEC und OFID - International organisations and institutions based in Austria

Organisation of the Petroleum Exporting Countries (OPEC)

OPEC was founded in Baghdad in September 1960 and since 1965 it has been seated in Vienna. In 2010, it moved into a new office building opposite the Vienna Stock Exchange. Headed by Secretary-General Abdalla Salem El-Badri, the organisation has the following members:

  • Algeria
  • Angola
  • Ecuador
  • Iran
  • Iraq
  • Kuwait
  • Libya
  • Nigeria
  • Qatar
  • Saudi Arabia
  • United Arab Emirates and
  • Venezuela

In autumn 2010, an exhibition celebrating the 50th anniversary of OPEC was held at Wiener Kursalon accompanied by a festival of art, dance, fashion, music and cuisine from Africa, Latin America and the Middle East. The exhibition about all twelve member states was complemented by contributions of the OPEC Fund for International Development and the City of Vienna.

OPEC Fund for International Development (OFID)

A man holds up a book.

Suleiman Jasir Al-Herbish, Director-General of the Vienna-based OPEC Fund for International Development (OFID)

OFID was established by 13 OPEC countries in 1976 in order to strengthen financial cooperation between the OPEC Member States and other development countries with funds from voluntary member contributions and to promote South-South solidarity. All development countries, with the exception of OPEC Member States, are in principle eligible for OFID assistance. Currently, the position of OFID's Director-General is held by Suleiman Jasir Al-Herbish from Saudi Arabia.

The OFID headquarters are located in a historical palace at Vienna's Parkring, which regularly hosts exhibitions and intercultural events and for these purposes is also open to the public, for example on Heritage Day.

OPEC and OFID have always been cooperative partners in designing and organising joint international projects in the fields of culture, youth and peace promoting activities, such as "Uniting for Peace in Vienna" or "Talespin - Mother Tongue and Cultural Identity".

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Regina Wiala-Zimm

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