Commodities and Futures News

Japan PM Kishida to talk energy, green tech in Abu Dhabi

2023.07.17 05:58


© Reuters.

By Rachna Uppal

ABU DHABI (Reuters) – Japanese Prime Minister Fumio Kishida arrived in the United Arab Emirates on Monday for the second stop of a Gulf tour focused on securing energy supplies and offering Japanese green technology.

Kishida is expected to meet with Emirati President Sheikh Mohammed bin Zayed Al Nahyan and to attend a UAE-Japan business forum in Abu Dhabi, officials said. Kishida is expected to travel to major gas-producer Qatar on Tuesday.

Japan is actively developing greener and renewable energy technologies and aims to be carbon neutral by 2050. Kishida will also try to promote Japanese know-how as energy-producing countries, especially ahead of the COP28 climate summit to be held in Dubai in November.

His UAE visit follows a stop in Saudi Arabia on Sunday in which Riyadh said it remained committed to securing oil supplies for Japan and will continue cooperating with Tokyo on clean hydrogen, ammonia and recycled carbon fuels.

Tokyo and Riyadh are also set to start a new strategic dialogue at the foreign minister level – a move both leaders welcomed in their summit meeting, according to a statement released by the Japanese foreign ministry on Monday.

“Both leaders agreed to further energise exchanges, which cover politics, diplomacy, and security, between the two countries,” the statement said.

Previously state oil giant Abu Dhabi National Oil Company (ADNOC) has said that Japan imports approximately 25% of its from the UAE, making it ADNOC’s largest international importer of oil and gas products.

“The secure energy supply from the UAE has supported Japan’s economic growth for many years,” Kishida wrote in an piece published by UAE state news agency WAM on Sunday.

A senior official at Japan’s foreign ministry told reporters this week that Kishida plans to discuss energy markets during his trip, while also aiming to offer Japanese technologies for net zero transition.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 98,280.33 3.74%
ethereum
Ethereum (ETH) $ 3,482.23 1.67%
tether
Tether (USDT) $ 0.999441 0.04%
xrp
XRP (XRP) $ 2.28 0.51%
bnb
BNB (BNB) $ 707.34 2.89%
solana
Solana (SOL) $ 196.42 1.76%
dogecoin
Dogecoin (DOGE) $ 0.330918 1.90%
usd-coin
USDC (USDC) $ 0.999946 0.09%
staked-ether
Lido Staked Ether (STETH) $ 3,478.89 1.85%
cardano
Cardano (ADA) $ 0.913427 0.36%
tron
TRON (TRX) $ 0.256724 1.17%
avalanche-2
Avalanche (AVAX) $ 40.85 3.08%
chainlink
Chainlink (LINK) $ 24.57 0.98%
the-open-network
Toncoin (TON) $ 5.98 4.87%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,127.59 1.93%
shiba-inu
Shiba Inu (SHIB) $ 0.000023 2.15%
sui
Sui (SUI) $ 4.50 1.74%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 97,983.25 3.70%
hedera-hashgraph
Hedera (HBAR) $ 0.311835 0.11%
stellar
Stellar (XLM) $ 0.384039 1.81%
polkadot
Polkadot (DOT) $ 7.45 0.86%
weth
WETH (WETH) $ 3,477.29 1.49%
hyperliquid
Hyperliquid (HYPE) $ 27.70 2.29%
bitcoin-cash
Bitcoin Cash (BCH) $ 465.48 0.31%
leo-token
LEO Token (LEO) $ 9.55 1.22%
uniswap
Uniswap (UNI) $ 13.95 0.67%
litecoin
Litecoin (LTC) $ 109.02 1.03%
bitget-token
Bitget Token (BGB) $ 5.68 16.32%
pepe
Pepe (PEPE) $ 0.000019 0.95%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,670.92 1.46%
near
NEAR Protocol (NEAR) $ 5.52 0.12%
ethena-usde
Ethena USDe (USDE) $ 0.998968 0.05%
aave
Aave (AAVE) $ 372.56 0.97%
internet-computer
Internet Computer (ICP) $ 11.39 4.45%
usds
USDS (USDS) $ 0.99924 0.18%
aptos
Aptos (APT) $ 9.62 0.71%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.518233 1.47%
crypto-com-chain
Cronos (CRO) $ 0.158846 2.50%
vechain
VeChain (VET) $ 0.05235 3.59%
mantle
Mantle (MNT) $ 1.25 2.79%
ethereum-classic
Ethereum Classic (ETC) $ 27.61 0.52%
render-token
Render (RENDER) $ 7.59 2.04%
bittensor
Bittensor (TAO) $ 514.29 3.20%
mantra-dao
MANTRA (OM) $ 3.79 0.87%
monero
Monero (XMR) $ 195.63 3.69%
whitebit
WhiteBIT Coin (WBT) $ 24.89 1.64%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.36 0.16%
dai
Dai (DAI) $ 0.99993 0.10%
arbitrum
Arbitrum (ARB) $ 0.803308 0.99%
filecoin
Filecoin (FIL) $ 5.37 1.64%