Kuwait and Japan discuss enhancing bilateral cooperation in the energy sector and supply security - Sarmad
Press coverage 1 newspapers covered this event: KUNA →
The Kuwaiti Minister of Oil and his Japanese counterpart discussed enhancing energy partnership and joint storage.
Translated by Qiyas from سرمد — Original source
(KUNA) – Kuwaiti Oil Minister and Chairman of the Kuwait Petroleum Corporation (KPC), Tariq Al-Roumi, held discussions with Japanese Minister of Economy, Trade and Industry, Reishi Akazawa, on bilateral relations between Kuwait and Japan in the energy sector, energy security in the region, and the importance of maintaining stable and reliable supplies.
In a press release, KPC stated that the two ministers held a bilateral meeting via video conference, during which they discussed ways to enhance and develop bilateral cooperation between the two friendly countries, reaffirming their commitment to strengthening the established partnership between Kuwait and Japan in the energy sector.
The statement added that the ministers also discussed existing arrangements for joint crude oil storage in Japan and the increase in storage volumes, emphasizing their role in supporting energy security and enhancing the robust cooperation between the two countries in this field.
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.
