Japanese Minister of Economy, Trade and Industry Yasutoshi Nishimura and Deputy Minister of Foreign Affairs of Parliament Kei Takagi attend the G20 Energy Transition Ministerial Meeting in Nusa Dua, Bali, Indonesia, September 2, 2022. Made Nagi/Pool via REUTERS/File Foto
Dec 25 (Reuters) – Saudi Arabia and Japan signed a memorandum of cooperation (MoC) on Sunday in the areas of circular carbon economy, carbon recycling, clean hydrogen and fuel ammonia, the Saudi Energy Ministry said on Twitter.
The MoC was signed by Saudi Energy Minister Prince Abdulaziz bin Salman and Japanese Industry Minister Yasutoshi Nishimura, who visited the kingdom, after a meeting in which they both stressed the importance of supporting the stability of the global oil market through promoting dialogue and cooperation among producers. and consumers, the Saudi state news agency (SPA) reported.
The two ministers also highlighted the need to ensure the safe supply of all energy sources to the global market and noted that the kingdom is the “biggest reliable source” of crude oil supplies to Japan and also a “reliable partner in this aspect”, said SPA. .
Reporting by Nayera Abdallah Editing by Peter Graff and Leslie Adler