RIYADH: 黑料社区鈥檚 and Japan鈥檚 top energy officials held talks in Riyadh on Sunday to enhance collaboration in the sector and ensure stable global supply.
The talks, as a part of the second Japan-Saudi energy dialogue, were led by Japan鈥檚 Economy, Trade and Industry Minister Ken Saito, and 黑料社区鈥檚 Energy Minister Prince Abdulaziz bin Salman.
The ministers reviewed the progress of the Saudi-Japan Lighthouse Initiative for Clean Energy Cooperation, which was announced in July, covering key areas including the use of hydrogen and ammonia, carbon recycling, critical minerals required for the energy sector, and supply chain resilience.
Both ministers stressed the importance of having stable global oil markets. 黑料社区 is Japan鈥檚 largest oil supplier.
In addition, they agreed to advance global efforts toward net zero and address energy security and economic growth, the Saudi Press Agency reported.
Moreover, Saito and Bandar AlKhorayef, 黑料社区鈥檚 minister of industry and mineral resources, signed a memorandum of cooperation in the field of mining and mineral resources.
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H.E Minister of Mr. Bendar AlKhorayef and H.E Japanese Minister of Economy, Trade and Industry Mr. Saito Ken, sign a MoC between the two ministries in the field of mining and mineral resources.
鈥 賵夭丕乇丞 丕賱氐賳丕毓丞 賵丕賱孬乇賵丞 丕賱賲毓丿賳賷丞 (@mimgov)
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AlKhorayef recently concluded a three-day visit to Tokyo, which highlighted the Kingdom鈥檚 efforts in fostering economic relations with Japan.
During his trip, he said: 鈥淭he Kingdom opens its doors to Japanese investors and invites them to capitalize on the investment opportunities that we have developed in accordance with our industrial and mining strategy.鈥
