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| Today: 09 February 2010 Time: 05:17 PM |
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| Saudi Arabia, Japan agree to promote energy cooperation |
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| Power & Materials 4/25/2009 6:42:00 PM |
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TOKYO, April 25 (KUNA) -- Japan and Saudi Arabia have agreed to promote
bilateral cooperation in renewable energy and conservation of power, as well
as support for bilateral small businesses, Japanese officials said Saturday
According to the officials, and during talks with Japanese Economy, Trade
and Industry Minister Toshihiro Nikai here, visiting Saudi Oil Minister Ali
Al-Naimi underscored cooperation the two countries conducted, particularly in
the energy field and increased investments by Japanese companies in the
kingdom.
While reaffirming their commitment to closer industrial partnership, the
ministers welcomed new a project recently announced by the state-run Saudi
Arabian Oil Company -- Aramco -- and Japan's Sumitomo Chemical Company,
calling it "a symbol of close cooperation between the two countries."
On April 19, Saudi Aramco and Mitsui signed an agreement to implement the
feasibility study for the expansion of a jointly-owned mega petroleum refining
and petrochemical complex.
Al-Naimi is in Tokyo to attend a round-table ministerial meeting of Asian
oil producers and consumers next Sunday. (end)
mk.hb
KUNA 251842 Apr 09NNNN
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