Oil Minister discusses with Japanese Economy Minister enhancing cooperation in energy and supply security
Press coverage 1 newspapers covered this event: KUNA →
Kuwait's Oil Minister discusses with his Japanese counterpart enhancing energy partnership and supply security
Translated by Qiyas from السياسة — Original source
- Discussed arrangements for joint crude oil storage and increasing stockpile volumes in Japan
Kuwaiti Oil Minister and Chairman of the Kuwait Petroleum Corporation (KPC), Tariq Al-Roumi, held talks with Japanese Minister of Economy, Trade and Industry, Reiusu 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 statement, KPC said the two ministers held a bilateral meeting via video conference, discussing ways to enhance and develop bilateral cooperation between the two friendly countries, reaffirming their commitment to strengthening the established Kuwait-Japan partnership in the energy sector.
The statement added that the ministers also discussed existing arrangements for joint crude oil storage in Japan and increasing stockpile volumes, emphasizing their role in supporting energy security and reinforcing the strong cooperation between the two countries in this field.
In this regard, according to the statement, Minister Akazawa highlighted the importance of cooperation under 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.
