Saudi Arabia, Japan Sign Clean Energy Cooperation Document 

Business

December 26th, 5:25am

Asharq Al-Awsat

The Saudi and Japanese ministers sign the MoC during a ceremony on Sunday. (SPA)

Saudi Arabia and Japan signed a memorandum of cooperation (MoC) on Sunday in the fields of the 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 is visiting the Kingdom.  They held a meeting in which they both stressed the importance of supporting the stability of global oil markets through encouraging dialogue and cooperation between producers and consumers, the Saudi state news agency (SPA) reported.  The two ministers also highlighted the need to ensure safe supplies from all energy sources to global markets and noted that the kingdom is "the largest dependable source" of crude oil supplies to Japan and "a reliable partner in this aspect" as well. 

from Asharq AL-awsat https://english.aawsat.com/home/article/4063791/saudi-arabia-japan-sign-clean-energy-cooperation-document%C2%A0