Presentation: Objectives

The objectives and purposes for which the Association is hereby constituted include:

  1. promotion of co-operation among Member Countries in hydrocarbon exploration, production, refining, petrochemicals, manpower development, acquisition and adaptation of technology and legal matters;

  2. promotion of technical assistance among Member Countries in the areas in which individual members have acquired valuable experience;

  3. promoting co-ordination of marketing policies and strategies of Member Countries through exchange of information with the aim of safeguarding their depletable resources and realising equitable revenue from exports;

  4. increasing the understanding of energy situation and policies in Member Countries through co-operation with a view to meeting domestic energy needs, and

  5. studying ways and means of providing assistance to net oil importing African countries to meet their energy requirements.

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