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- July FY2024
- Minister Saito and Parliamentary Vice-Minister Yoshida Hold Meeting with H.E. Dr. Sultan Ahmed Al Jaber, CEO of Abu Dhabi National Oil Company, Minister of Industry and Advanced Technology, and Special Envoy to Japan, as well as with H.E. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, the United Arab Emirates, and Witness Signing Ceremony
Minister Saito and Parliamentary Vice-Minister Yoshida Hold Meeting with H.E. Dr. Sultan Ahmed Al Jaber, CEO of Abu Dhabi National Oil Company, Minister of Industry and Advanced Technology, and Special Envoy to Japan, as well as with H.E. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, the United Arab Emirates, and Witness Signing Ceremony
July 4, 2024
On Thursday, July 4, 2024, Mr. Saito Ken, Minister of Economy, Trade and Industry, and Mr. Yoshida Nobuhiro, Parliamentary Vice-Minister of Economy, Trade and Industry, held a meeting with H.E. Dr. Sultan Ahmed Al Jaber, CEO of Abu Dhabi National Oil Company (ADNOC), Minister of Industry and Advanced Technology, and Special Envoy to Japan, as well as with H.E. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, the United Arab Emirates. In addition, the four ministers witnessed the signing ceremony for a memorandum of cooperation on joint oil storage initiative between Japan and ADNOC and a general agreement on credit line under GREEN operations between the Japan Bank for International Cooperation (JBIC) and ADNOC.
At the meeting, Minister Saito expressed Japan’s appreciation for the UAE’s stable supply of crude oil to Japan and stated that Japan intends to expand its base of cooperation with the UAE to a wide variety of fields, including energy transitions, in addition to the fields of oil and natural gas. Following this, the two sides confirmed that Japan and the UAE are important partners for each other.
Moreover, under the witness of Minister Saito, Parliamentary Vice-Minister Yoshida, Minister Jaber, and Minister Zeyoudi, the following two agreements were concluded:
- a memorandum of cooperation on joint oil storage initiative between the Agency for Natural Resources and Energy and ADNOC, and
- a general agreement on credit line under GREEN operations between JBIC and ADNOC.
Division in Charge
Information on the meeting:
International Strategy on Energy Resources Office, Natural Resources and Fuel Department, Agency for Natural Resources and Energy
Information on the MOC on joint oil storage initiative:
Fuel Supply Infrastructure Policy Division, Natural Resources and Fuel Department, Agency for Natural Resources and Energy