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  • 26-12-22

    Saudi Arabia, Japan ink MoU in clean energy industry

    (MENAFN) Saudi Arabia and Japan reached an agreement to ink a memorandum of cooperation in the sectors of the circular carbon economy, carbon recycling, clean hydrogen as well as fuel ammonia, the Saudi energy ministry declared on Sunday.

    The agreement was inked at the initial ministerial gathering of the Saudi-Japanese Ministerial Dialogue for Energy in the capital, in the capital of Saudi Arabia, in the attendance of Saudi Energy Minister Prince Abdulaziz bin Salman as well as Japanese Minister of Economy, Trade and Industry Yasutoshi Nishimura.

    Nishimura is paying a trip to Saudi Arabia and Oman for talks on the provision and steadiness of oil as well as liquefied natural gas.

    “We will encourage Saudi Arabia and Oman to stabilize the international crude oil market and secure a stable supply of LNG,” Nishimura stated in a post he published on Twitter. “We will also strengthen cooperation in areas such as hydrogen and ammonia.”

    MENAFN26122022000045014228ID1105352817

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