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ABU DHABI / WAM
The Abu Dhabi National Oil Company (ADNOC) strengthened its long-standing energy partnership with Japan, through the signing of a tri-partite Memorandum of Cooperation with Japan’s Ministry of Economy, Trade and
Industry (METI), and the Japan Oil, Gas and Metals National
Company (JOGMEC).
The Memorandum was signed by Dr Sultan Ahmed Al Jaber, Minister of State and ADNOC Group CEO, Hiroshige Seko, Japan’s Minister of Economy, Trade and Industry and Keisuke Kuroki, President of the Japan Oil, Gas and Metals National Company. It establishes a framework for cooperation on strategic business development, upstream technical cooperation, and training and development programmes for ADNOC employees.
Dr Al Jaber described Japan as one of the UAE and ADNOC’s longest-standing and most important partners and customers. “The long-term energy partnership between Japan and the UAE is one that goes back to before the establishment of ADNOC, with Japanese companies playing, and continuing to play, an important role in the development and expansion of the country’s oil and gas industry,†he said.
ADNOC has supplied Japan with oil, gas and refined products since its foundation in 1971. It is Japan’s second-largest supplier of crude oil and a major supplier of gas and refined products.