Abu Dhabi, June 7, 2022 (WAM)-Sultan bin Ahmed al-Jaber, Minister of Industry and Advanced Technology and Special Envoy for Climate Change, held a series of high-level meetings with Japan’s senior government and business leaders. Strengthen economic, energy and industrial cooperation between the UAE and Japan and promote opportunities for low carbon growth.

The conference also focused on the preparation of the UAE to host COP28 (28th Conference of the Parties) in 2023 and new opportunities for strategic cooperation between the UAE and Japan.

Dr. Al-Jabert met with senior Japanese government officials, including Minister of Economy, Trade and Industry Hagiuda, during his three-day visit to Japan. Minister of the Environment Tsuyoshi Yamaguchi. Foreign Minister Kiyoshi Odawara.

Dr. Al Javert also met with former Prime Minister Shinzo Abe. Hirokazu Matsuno, Chief Cabinet Secretary of Japan. Seiji Kihara, Deputy Chief Cabinet Secretary and Special Advisor to the Prime Minister of Japan. Taro Kono, General Manager of the Liberal Democratic Party General Affairs Department. Yasutoshi Nishimura, member of the House of Representatives. Tadashi Maeda, President of Japan Bank for International Cooperation.

At the meeting, Dr. Al Javert delivered a greeting from the UAE leaders to the government and the Japanese people. He said he would strengthen the UAE’s commitment to Japan’s energy security and that the UAE will continue to secure a reliable supply of crude oil and liquefied natural gas (LNG) to Japan. The United Arab Emirates is Japan’s number one crude oil supplier, supplying more than 20% of the required crude oil.

Dr. Al-Javer’s meeting covered a variety of topics, including the UAE-Japan Comprehensive Strategic Partnership Initiative (CSPI) announced during the 2018 visit of former Japanese Prime Minister Shinzo Abe to the UAE. .. CSPI aims to strengthen bilateral relations between the two countries and enable greater strategic cooperation in all areas of mutual interest.

“Today, Japan is one of the UAE’s largest and most important energy and trading partners,” said Dr. Al-Javer. “Today, following the instructions of the UAE’s wise leadership, strengthening bilateral relations and multiple sectors. We are keen to further strengthen our relations. The United Arab Emirates is keen to leverage all aspects of our relations, including climate diplomacy, to promote economic development, enable low carbon growth and strengthen energy. It’s safe.

“The relationship between the UAE and Japan is supported by a long-standing energy partnership, and we are very pleased to be able to take advantage of the economic opportunities of energy conversion, strengthen industrial cooperation and work closely with Japan to expand economic and trade relations. I’m happy. ”

The conference is built on a solid foundation of 50 years of close economic and diplomatic cooperation between the UAE and Japan. Al Javert emphasized the keenness of the UAE leadership to strengthen relations with Japan.

Economic and industrial development, energy supply, hydrogen and climate change measures were one of the key topics in Dr. Al-Javer’s discussion. He reviews the ongoing joint initiative between the UAE and Japan on hydrogen and low carbon blue ammonia, and UAE and Japan’s ambitions to utilize new commercially feasible technologies to reduce carbon emissions. Was emphasized.

Dr. Al Jaber also met with Japanese business leaders, including Takayuki Ueda, President and Chief Executive Officer of INPEX Corporation. Sumitomo Corporation President Masayuki Hyodo President Jera Co., Ltd. Satoshi Onoda President Mitsui Bussan President Kenichi Hori Mitsui Kosan President President Shunichi Kito President Cosmo Energy Holdings President Hiroshi Kiriyama ENEOS Holdings President President Takeshi Saito Takehiko Kakiuchi. Masahiro Okafuji, Chairman and Chief Executive Officer of ITOCHU Corporation, and Masumi Kakinoki, President of Marubeni Corporation.

During the visit, Abu Dhabi National Oil Company (ADNOC), ENEOS Corporation and Mitsui & Co. (Mitsui) signed an agreement to consider establishing a hydrogen supply chain between the UAE and Japan. The agreement provides an efficient form of hydrogen produced as a by-product of ADNOC refining and petrochemical operations and blue hydrogen produced from natural gas (hydrogen produced from CO2 captured and stored during the manufacturing process). Evaluate the potential for conversion to certain methylcyclohexane (MCH). Of hydrogen transport for export to Japan.

Separately, Mitsui will partner with Abu Dhabi Chemicals Derivatives RSC Ltd (TA’ZIZ), Fertiglobe and GS Energy at the TA’ZIZ Industrial Chemistry Zone’s global low-carbon blue ammonia production facility in Ruwais, Abu Dhabi. I have signed a contract. Davi. The first agreement was announced in November 2021, and the project will leverage the demand for blue ammonia as a carrier fuel for clean hydrogen to accelerate Abu Dhabi’s position as a leader in low carbon fuels.

The low carbon blue ammonia project is scheduled to start production in 2025, and the annual production capacity of blue ammonia is about 1 million tons. TA’ZIZ Industrial Chemicals Zone is a joint venture between ADNOC and ADQ.

Abu Dhabi Future Energy Company (Masdar) has also signed a memorandum of understanding with Sumitomo Corporation to develop a waste-to-energy project. The partnership aims to open the door to cooperation between the two companies on a variety of projects, including a facility that processes 390,000 tonnes of waste annually and produces 25 MW of energy.

United Arab Emirates and Japan enjoy a strong bilateral trade relationship. In 2021, the UAE was Japan’s 10th largest trading partner. Bilateral trade between the two countries exceeded $ 30 billion in 2021, UAE exports to Japan increased to $ 26 billion, and imports from Japan increased to $ 6.2 billion. More than 340 Japanese companies are based in the UAE and are active in various fields such as infrastructure, industry and energy.

Further economic cooperation between UAE and Japan has been seen over the last 12 months, with the United Arab Emirates between ADNOC and three Japanese companies: INPEX Corporation, JERA Co. Inc, and Japan Oil, Natural Gas and Metals Mining Corporation. Commercial potential of blue ammonia production in the Commonwealth. The two countries also agreed to cooperate on fuel ammonia and carbon recycling technologies, following a memorandum of cooperation between ADNOC and Japan’s Ministry of Economy, Trade and Industry in January 2021.

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