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OPEC
Organization of the Petroleum
Petroleum
Exporting Countries (OPEC, /ˈoʊpɛk/ OH-pek, or OPEP in several other languages) is an intergovernmental organization of 14 nations as of February 2018, founded in 1960 in Baghdad
Baghdad
by the first five members (Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela), and headquartered since 1965 in Vienna, Austria
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Coalition Provisional Authority
The Coalition Provisional Authority (CPA; Arabic: سلطة الائتلاف المؤقتة‎) was a transitional government of Iraq established following the invasion of the country on 19 March 2003 by the U.S.-led Multinational Force (or 'the coalition') and the fall of Ba'athist Iraq. Citing United Nations Security Council Resolution 1483 (2003) and the laws of war, the CPA was established in May 2003 and vested itself with executive, legislative, and judicial authority over the Iraqi government from the period of the CPA's inception on 21 April 2003 until its dissolution on 28 June 2004 (14 months, 1 week).Contents1 History of the CPA 2 Structure of the CPA2.1 Non-government organizations and private charities and the CPA2.1.1 Role of the International Advisory and Monitoring Board (IAMB)2.2 The CPA's Program Review Board3 Privatization of Iraq's economy 4 Criticism of financial management4.1 Audits of the CPA's expenditures of Iraqi
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United States Dollar
 United States  East Timor[2][Note 1]  Ecuador[3][Note 2]  El Salvador[4]  Federated States of Micronesia  Marshall Islands  Palau  Panama[Note 3]  Zimbabwe[Note 4]3 non-U.S
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Barrel (unit)
A barrel is one of several units of volume applied in various contexts; there are dry barrels, fluid barrels (such as the UK beer barrel and US beer barrel), oil barrels and so on. For historical reasons the volumes of some barrel units are roughly double the volumes of others; volumes in common usage range from about 100 to 200 litres (22 to 44 imp gal; 26 to 53 US gal). In many connections the term "drum" is used almost interchangeably with "barrel". Since medieval times the term barrel as a unit of measure has had various meanings throughout Europe, ranging from about 100 litres to 1000 litres. The name was derived in medieval times from the French baril, of unknown origin, but still in use, both in French and as derivations in many other languages such as Italian, Polish and Spanish. In most countries such usage is obsolescent, increasingly superseded by SI units
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Austria
Coordinates: 47°20′N 13°20′E / 47.333°N 13.333°E / 47.333; 13.333 Republic
Republic
of Austria Republik Österreich  (German)FlagCoat of armsAnthem: Land der Berge, Land am Strome  (German) Land of Mountains, Land by the RiverLocation of  Austria  (dark green) – in Europe  (green & dark grey) – in the European Union  (green)  –  [Legend]Capital and largest city Vienna 48°12′N 16°21′E / 48.200°N 16.350°E / 48.200; 16.350Off
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De Facto
In law and government, de facto (/deɪ ˈfæktoʊ/ or /di ˈfæktoʊ/[1]; Latin: de facto, "in fact"; Latin pronunciation: [deː ˈfaktoː]), describes practices that exist in reality, even if not legally recognised by official laws.[2][3][4] It is commonly used to refer to what happens in practice, in contrast with de jure ("in law"), which refers to things that happen according to law
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Lloyd's
Lloyd's of London, generally known simply as Lloyd's, is an insurance market located in London, United Kingdom. Unlike most of its competitors in the industry, it is not an insurance company. Rather, Lloyd's is a corporate body governed by the Lloyd's Act 1871 and subsequent Acts of Parliament and operates as a partially-mutualised marketplace within which multiple financial backers, grouped in syndicates, come together to pool and spread risk. These underwriters, or "members", are a collection of both corporations and private individuals, the latter being traditionally known as "Names". The business underwritten at Lloyd's is predominantly general insurance and reinsurance, although a small number of syndicates write term life assurance. The market has its roots in marine insurance and was founded by Edward Lloyd at his coffee house on Tower Street in around 1686
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Western Asia
Western Asia, West Asia, Southwestern Asia
Asia
or Southwest Asia
Asia
is the westernmost subregion of Asia. The concept is in limited use, as it significantly overlaps with the Middle East
Middle East
(or the Near East), the main difference usually being the exclusion of the majority of Egypt (which would be counted as part of North Africa) and the inclusion of the Caucasus. The term is sometimes used for the purposes of grouping countries in statistics. The total population of Western Asia
Asia
is an estimated 300 million as of 2015. In an unrelated context, the term is also used in ancient history and archaeology to divide the Fertile Crescent
Fertile Crescent
into the "Asiatic" or "Western Asian" cultures as opposed to ancient Egypt
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Africa
Africa
Africa
is the world's second largest and second most-populous continent (the first being Asia
Asia
in both categories). At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area and 20% of its total land area.[3] With 1.2 billion[1] people as of 2016, it accounts for about 16% of the world's human population. The continent is surrounded by the Mediterranean Sea
Mediterranean Sea
to the north, both the Suez Canal and the Red Sea
Red Sea
along the Sinai Peninsula
Sinai Peninsula
to the northeast, the Indian Ocean
Ocean
to the southeast and the Atlantic Ocean
Atlantic Ocean
to the west. The continent includes Madagascar
Madagascar
and various archipelagos
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South America
South America
South America
is a continent located in the western hemisphere, mostly in the southern hemisphere, with a relatively small portion in the northern hemisphere. It may also be considered a subcontinent of the Americas,[3][4] which is how it is viewed in the Spanish and Portuguese-speaking regions of the Americas. The reference to South America instead of other regions (like Latin America
Latin America
or the Southern Cone) has increased in the last decades due to changing geopolitical dynamics (in particular, the rise of Brazil).[5] It is bordered on the west by the Pacific Ocean
Pacific Ocean
and on the north and east by the Atlantic
Atlantic
Ocean; North America
North America
and the Caribbean Sea
Caribbean Sea
lie to the northwest
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Baghdad
Baghdad
Baghdad
(/ˈbæɡdæd, bəɡˈdæd/; Arabic: بغداد‎ [baɣˈdaːd] ( listen)) is the capital of Iraq. The population of Baghdad, as of 2016[update], is approximately 8,765,000,[citation needed][note 1] making it the largest city in Iraq, the second largest city in the Arab world
Arab world
(after Cairo, Egypt), and the second largest city in Western Asia
Western Asia
(after Tehran, Iran). Located along the Tigris
Tigris
River, the city was founded in the 8th century and became the capital of the Abbasid Caliphate
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Natural-gas Condensate
Natural-gas condensate
Natural-gas condensate
is a low-density mixture of hydrocarbon liquids that are present as gaseous components in the raw natural gas produced from many natural gas fields. Some gas species within the raw natural gas will condense to a liquid state if the temperature is reduced to below the hydrocarbon dew point temperature at a set pressure. The natural gas condensate is also called condensate, or gas condensate, or sometimes natural gasoline because it contains hydrocarbons within the gasoline boiling range. Raw natural gas may come from any one of three types of gas wells:[1][2]Crude oil wells—Raw natural gas that comes from crude oil wells is called associated gas
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Sudan
The Sudan
Sudan
or Sudan
Sudan
(/suːˈdæn, -ˈdɑːn/ ( listen);[8][9] Arabic: السودان‎ as-Sūdān) also known as North Sudan
Sudan
since South Sudan's independence and officially the Republic
Republic
of the Sudan[10] (Arabic: جمهورية السودان‎ Jumhūriyyat as-Sūdān), is a country in Northern Africa. It is bordered by Egypt to the north, the Red Sea, Eritrea
Eritrea
and Ethiopia
Ethiopia
to the east, South Sudan
Sudan
to the south, the Central African Republic
Central African Republic
to the southwest, Chad
Chad
to the west and Libya
Libya
to the northwest
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North Africa
North Africa
Africa
is a collective term for a group of Mediterranean countries situated in the northern-most region of the African continent. The term "North Africa" has no single accepted definition. It is sometimes defined as stretching from the Atlantic
Atlantic
shores of Morocco
Morocco
in the west, to the Suez Canal
Suez Canal
and the Red Sea
Red Sea
in the east. Others have limited it to the countries of Algeria, Morocco, and Tunisia, a region known by the French during colonial times as “Afrique du Nord” and by the Arabs
Arabs
as the Maghreb
Maghreb
(“West”). The most commonly accepted definition includes Algeria, Morocco, and Tunisia, as well as Libya
Libya
and Egypt
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Southern Africa
Southern Africa
Africa
is the southernmost region of the African continent, variably defined by geography or geopolitics, and including several countries. The term southern Africa
Africa
or Southern Africa, generally includes Angola, Botswana, Lesotho, Malawi, Mozambique, Namibia, South Africa, Swaziland, Zambia, and Zimbabwe
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Central Africa
Central Africa
Africa
is the core region of the African continent which includes Burundi, the Central African Republic, Chad, the Democratic Republic of the Congo, and Rwanda
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