1. Home
  2. News Releases
  3. Back Issues
  4. September FY2021
  5. METI and Rosneft Sign a Memorandum of Cooperation on Carbon Management

METI and Rosneft Sign a Memorandum of Cooperation on Carbon Management

September 17, 2021

The Eastern Economic Forum was held in Vladivostok, Russia from September 2 (Thu.) to 4 (Sat.). In connection with the forum, the Ministry of Economy, Trade and Industry (METI) and Russian company Rosneft signed a Memorandum of Cooperation (MOC) on Carbon Management on September 16.

On September 16 (Turs.), METI signed an MOC on Carbon Management with Mr. Yuri I. Kurilin, Vice President of Rosneft. METI and Rosneft have been promoting dialogs on Japan-Russia energy cooperation and a concrete partnership through private-sector projects by businesses in both countries through the joint coordination committee inaugurated in 2020. As a cooperation initiative in the carbon management field, the two sides have agreed to promote cooperation in concrete projects for technologies like hydrogen, ammonia, CCS, and CCU/carbon recycling. This cooperation agreement is expected to further accelerate energy cooperation between Japan and Russia.

MOC signing ceremony with Vice President Kurilin of Rosneft (September 16)

Division in Charge

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

Related website