Japan's Minister of Economy, Trade and Industry Nishimura Yasutoshi has requested Saudi Arabia and other Arab countries to guarantee a stable supply of oil.
According to Arab News Japan, Nishimura said he had met with Aramco executives and proposed talks with Saudi Arabia's Energy Minister Abdulaziz bin Salman.
He recently met with UAE Minister of Industry and Advanced Technology Sultan Al Jaber and CEO of Abu Dhabi National Oil Company, as well as Oman's Minister of Energy and Minerals, Talal Al Aufi.
It should be noted that in the absence of imports from Iran and Russia due to the sanctions imposed by the United States, more than 90 percent of Japan's supply now comes from Arab sources.
"For Japan, which is short on resources, it is important to promote a stable supply of crude oil," Nishimura said. It is true that oil imports from Russia have stopped and dependence on the Middle East is increasing. We are making decisions on specific sources of crude oil from a market perspective.
"Japan relied on the Middle East for 95 percent of its oil in August and 98 percent in July, so we consider the region very important for energy security and a stable supply of crude oil," he added. are.'
Japan is seeking to expand its energy business with the Middle East to include clean energy as well as oil and gas.
