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Agency for Natural Resources and EnergyState Minister Takagi Visited the United Arab Emirates (UAE)

From November 8 to 10, 2014, Mr. Yosuke Takagi, State Minister of Economy, Trade and Industry, visited the United Arab Emirates (UAE) and attended the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC). Taking this opportunity, he also had meetings with H.E. Mr. Abdulla Nasser Al Suwaidi, Director General of the Abu Dhabi National Oil Company (ADNOC), H.E. Mr. Suhail Mohamed Al Mazrouei, Minister of Energy, UAE, and other dignitaries in the country.

1. Attending the ADIPEC

State Minister Takagi attended the ADIPEC, which has marked its 30th anniversary this year, and exchanged opinions with H.H. Sheikh Hazza bin Zayed Al Nahyan, Vice Chairman of the Abu Dhabi Executive Council, and H.H. Sheikh Hamed bin Zayed Al Nahyan, Chief of Abu Dhabi Crown Prince's Court, UAE, concerning the current situation of the Japanese economy, investment, the energy situation, and other issues.

2. Meetings with the dignitaries in the UAE

1) Director General H.E. Abdulla Nasser Al Suwaidi

State Minister Takagi had a meeting with H.E. Abdulla Nasser Al Suwaidi, Director General of ADNOC, and exchanged views with him concerning UAE’s steadfast oil supply to Japan, further enhancing Japan-Abu Dhabi cooperation, and other issues. In addition, both sides concluded a Memorandum of Cooperation (MOC) on Continuation of the Joint Oil Storage Project between Japan and Abu Dhabi, which was launched based on the proposal by H.H. Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi.

2) Minister H.E. Suhail Mohamed Al Mazrouei

State Minister Takagi also had a meeting with H.E. Suhail Mohamed Al Mazrouei, Minister of Energy, and exchanged opinions concerning the enhancement of Japan-UAE cooperation in the fields of energy and investment, trends in the international oil markets, UAE’s steadfast oil supply to Japan, energy conservation, cooperation in the field of renewable energy, and other issues.

3. Meeting with H.E. Mr. Abdalla Salem El-Badri, OPEC

At the meeting with H.E. Mr. Abdalla Salem El-Badri, Secretary General, Organization of the Petroleum Exporting Countries (OPEC), State Minister Takagi exchanged opinions with him concerning the recent trends in the international oil markets and those surrounding OPEC, and both sides confirmed the importance of continuous dialogues between METI and the Secretariat of OPEC.

4. Exchanging opinions with people from Japanese companies expanding their businesses into Dubai and Abu Dhabi

State Minister Takagi exchanged views with people from Japanese companies expanding their businesses into Dubai and Abu Dhabi, concerning the current situations of their businesses in the UAE, future directions of their businesses, and other issues.

Release date

November 13, 2014

Division in charge

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

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