OPEC Fund Annual Report 2023

NOTES

– Transactions approved in euros have been converted to US$. – Minor discrepancies between figures and totals are due to rounding. – Commitments are operations and agreements that have been signed by the relevant parties.

COPYRIGHTS

Cover: Adobe Stock; Page 4: Katja Tsvetkova/Shutterstock; Page 7: Adobe Stock, iStock; Page 8: LSEG, iStock; Page 9: Avigator Fortuner/Shutterstock, hecke61/Shutterstock, OPEC Fund/Carlos Opitz; Page 11: OPEC Fund/Abdullah Alipour Jeddi; Page 13: LSEG; Page 14: Jan Ziegler/Shutterstock; Page 15: ARIJIT1604/Shutterstock, Julian Bohorquez/Shutterstock, hrui/Shutterstock; Page 16: zhengzaishuru/ Shutterstock; Page 17: MehmetO/Shutterstock, Mazur Travel/Shutterstock, Studio concept/Shutterstock, 20 Nopphon_1987/Shutterstock; Page 21: bunny pixar/Shutterstock, Rupert Steiner; Page 23: Shutterstock, Adobe Stock; Page 25: Shutterstock; Page 27: mapman/Shutterstock, lucadp/Shutterstock; Page 29: Adobe Stock, GC Shutter/ Getty Images; Page 34: OPEC Fund/Abdullah Alipour Jeddi & Carlos Opitz, Moma_Production/Shutterstock; Page 35: Moma_Production/Shutterstock, Courtesy of Obert Jiri, IFAD, A1.VIEWS/Shutterstock; Page 36: OPEC Fund/Abdullah Alipour Jeddi; Page 37: humphery/Shutterstock, Shijiazhuang Railway Vocational and Technical College, Azamat Imanaliev/ Shutterstock; Page 38: OPEC Fund/Carlos Opitz; Page 39: OPEC Fund/Abdullah Alipour Jeddi, courtesy of Soumendra Rout,Sergey Malomuzh/Shutterstock, TGC; Page 40: OPEC Fund/Carlos Opitz; Page 41: OPEC Fund/Abdullah Alipour Jeddi, Raiffeisen Bank Albania, Alla Simacheva/Shutterstock, Helge Lindau/ Shutterstock; Page 43: OPEC Fund/Abdullah Alipour Jeddi, OPEC Fund/Natalia Salazar, Pinearq, courtesy of Marcelle Edwards-John; Page 44: OPEC Fund/Abdullah Alipour Jeddi; Page 45: NOWAK LUKASZ/ Shutterstock, Chepko Danil Vitalevich/Shutterstok, courtesy of Yrysbek Bariev,OPEC Fund/ Abdullah Alipour Jeddi; Page 46: rdonar/Shutterstock; Page 47: Karin Lakeman, OPEC Fund/Carlos Opitz, courtesy of Mohamed Salem Nany, Toksave; Page 48: OPEC Fund/Abdullah Alipour Jeddi; Page 49: OPEC Fund, Nguyen Quang Ngoc Tonkin/Shutterstock, Fit Ztudio/Shutterstock; Page 51: OPEC Fund/Abdullah Alipour Jeddi & Carlos Opitz, courtesy of Seitebaleng Fologang, Bashi Kikia/Shutterstock, Lucian Coman/Shutterstock, OPEC Fund/Lewnis Boudaoui; Page 52: OPEC Fund/Carlos Opitz; Page 53: Alexey Smyshlyaev/Shutterstock, Tatsiana Hendzel/Shutterstock, ITFC; Page 55: Adobe Stock; Page 63: OPEC Fund/Carlos Opitz; Page 66: OPEC Fund/Carlos Opitz; Page 67: OPEC Fund/Maximilian Haidacher

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Executive Editor: Nadia Benamara Production Editor: Iris Vittini Encarnacion

Editorial Team: Howard Hudson, Axel Reiserer, Nicholas K. Smith Design and Print: The Gentlemen Creatives GmbH, Vienna, Austria Printed in Austria by Print Alliance HAV Produktions GmbH

This report is printed on paper from responsibly managed forests.

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