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METI State Minister Nishime Visits the United Arab Emirates (UAE)

From November 11 (Sat.) to 14 (Tue.), 2017, Mr. Kosaburo Nishime, State Minister of Economy, Trade and Industry, visited the United Arab Emirates (UAE).

He attended the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), and also held meetings with governmental dignitaries, including H.H. Sheikh Hamed bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court (CPC), H.E. Mr. Khaldoon Khalifa Ahmed Al Mubarak, Chairman of the Abu Dhabi Executive Affairs Authority (EAA), and H.E. Mr. Suhail Mohamed Al Mazrouei, Minister of Energy and Industry. At these meetings, State Minister Nishime encouraged Abu Dhabi to extend the oil concessions possessed by Japanese companies for offshore oilfields in Abu Dhabi, and both sides agreed that they will further promote cooperation in broad fields, including energy and industrial diversification.

1. Attending the ADIPEC

State Minister Nishime attended the ADIPEC, positioned as one of the world’s largest exhibitions and conferences in the oil and natural gas industries. Taking this opportunity, he held meetings with governmental dignitaries of Abu Dhabi, UAE, and both sides agreed to further promote cooperation in a broad range of fields including energy and industrial diversification.

At ADIPEC, he also had a short conversation with both H.E. Dr. Sultan Ahmed Al Jaber, Chief Executive Officer of the Abu Dhabi National Oil Company (ADNOC), H.E. Dr. Muhammad bin Hamad bin Sayf al-Rymhi, Minister of Oil and Gas, Oman, and other top executives of international oil majors, concerning existing inter-government and inter-company cooperation and enhancement of future relationships.

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Touring the Japan Pavilion at the ADIPEC

2. Meetings with governmental dignitaries of Abu Dhabi, UAE

(1)Meeting with Chief Hamed of the CPC (a member of the royal family)

From the viewpoint of further development of cooperative relationships in the fields of oil and gas, State Minister Nishime encouraged Abu Dhabi to allow Japan to continue its oil concessions for offshore oilfields whose terms will expire in 2018, and gained a positive response from Chief Hamed.

Moreover, both sides exchanged views concerning further cooperation in the field of energy and Japan-UAE cooperation in a broad range of fields, including SMEs, as well as general issues related to Japan-UAE economic relationships and global and regional situations.

(2)Meeting with Chairman Khaldoon

State Minister Nishime encouraged Abu Dhabi to allow Japan to continue its oil concessions for offshore oilfields and gained a proactive response from Chairman Khaldoon from a broad viewpoint based on the long-standing relationship of cooperation between Japan and the UAE.

In addition, both sides exchanged views concerning expansion of cooperation in the field of oil and gas, further enhanced cooperation in a variety of industrial fields, including utilization of IT technologies in both countries, and potential in cultivating new markets in third countries.

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Meeting with Chairman Khaldoon

(3)Meeting with Minister Mazrouei

State Minister Nishime encouraged Minister Mazrouei to allow Japan to continue its oil concessions for offshore oilfields. As for the field of energy, he expressed the importance of expanding the Japan-UAE partnership in the upstream, midstream and downstream projects involving oil and gas and praised the progress made in the cooperation in the field of nuclear power.

In response, Minister Mazrouei praised Japan’s existing cooperation in the field of oil, and expressed his expectations for Japan’s investment in overall value chains in the upstream, midstream, and downstream projects and also its utilization of the UAE as a hub for markets in the Middle East and Africa regions.

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Meeting with Minister Mazrouei

3. Touring a plant of MH Power Systems Middle East, LLC.

Taking the opportunity of his visit to the UAE, State Minister Nishime visited a turbine repair plant operated by MHPS, a company developing business in Abu Dhabi, and exchanged views with its staff.

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Touring an MHPS turbine repair plant

Release date

November 14, 2017

Division in Charge

Petroleum and Natural Gas Division, Natural Resources and Fuel Department, Agency for Natural Resources and Energy

Ministry of Economy, Trade and Industry1-3-1 Kasumigaseki, Chiyoda-ku, Tokyo 100-8901, Japan Tel: +81-(0)3-3501-1511
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