Kuwait, Japan Discuss Enhancing Bilateral Energy Cooperation and Supply Security
صورة: وكالة الأنباء الكويتية (كونا)
Kuwait's Oil Minister Meets with His Japanese Counterpart to Explore Ways to Strengthen Energy Partnership and Joint Storage
Translated by Qiyas from كونا — Original source
Kuwait City, Nov 5 (KUNA) -- Kuwaiti Minister of Oil and Chairman of the Kuwait Petroleum Corporation (KPC) Tariq Al-Roumi held talks with Japanese Minister of Economy, Trade and Industry Ryosei Akazawa on bilateral relations between Kuwait and Japan in the energy sector, regional energy security, and the importance of maintaining stable and reliable supply flows.
In a press release, KPC stated that the two ministers held a bilateral meeting via video conference to discuss ways to enhance and develop bilateral cooperation between the two friendly countries, reaffirming their commitment to strengthening the robust partnership between Kuwait and Japan in the energy field.
The statement added that the ministers also discussed existing arrangements for joint crude oil storage in Japan and the increase in inventory volumes, emphasizing their role in supporting energy security and enhancing the strong cooperation between the two countries in this area.
In this regard, according to the statement, Minister Akazawa highlighted the importance of cooperation within the framework of Japan’s POWERR Asia initiative, expressing his country’s appreciation for Kuwait’s continued supply of crude oil to the Japanese market amid ongoing logistical challenges, including those related to navigation through the Strait of Hormuz. (End) K.M. / A.M.H.
