Angola has decided to join the Organization of Petroleum Exporting Countries (OPEC) as a full right member, a press release issued on Wednesday said.

The decision took into account the role that the country plays in the world's oil domain and in view of its current output of 1. 4 million barrels a day, said the release from the 9th ordinary session of the Cabinet Council, chaired by Angolan head of State, Jos Eduardo dos Santos.

OPEC, created in 1960, now has 11 members including Algeria, Indonesia, Iran, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, Venezuela and Iraq.

OPEC's mission is to coordinate and unify the petroleum policies of member countries and ensure the stabilization of oil prices in order to secure an efficient, economic and regular supply of petroleum to consumers.

Source: Xinhua