japan | Egypt Oil & Gas - Part 4

Japan to utilize Ammonia for Thermal Power Generation

Japan will utilize ammonia in the fuel mix for thermal power generation as well as for shipping at the end of 2020 to achieve carbon neutrality by 2050. The Director-General of Oil, Gas and Mineral Resources at the Mi...

Japan Reaches Joint Storage Deal with KPC

Japan announced that it reached a joint deal for oil storage with Kuwait Petroleum Corporation (KPC), Reuters reported. According to the deal, KPC can use a capacity of 3.14 million barrels for free. In return, Japan ...

Japan’s Imports to Remain Low Until End of 2020

The President of Japanese Petroleum Association, Tsutomu Sugimori, said that Japan’s crude oil imports is expected to remain at the current tepid pace until the end of 2020, after it reached the lowest monthly level i...

ADNOC Renews Storage Deal with Japan

The Abu Dhabi National Oil Company (ADNOC) renewed and expanded an agreement with Japan to store and trade crude in Asia’s second-biggest economy, according to the National. The original agreement expired at the end o...

ADNOC Announces Awarding $3.6 B Contracts

The Abu Dhabi National Oil Company (ADNOC) has awarded three contracts for the procurement of casing and tubing, with a combined scope of AED 13.2 billion ($3.6 billion), according to a company statement. The contract...

El Molla Discusses Bilateral Cooperation with Japan

Tarek El Molla, Minister of Petroleum, met with Masaki Noke, the Japanese Ambassador in Egypt, to discuss ways of strengthening the Egyptian-Japanese relations and exchanged views on international cooperation trends i...

SABIC Extends Ar-Razi Partnership Deal for 20 Years

Saudi Basic Industries Corporation (SABIC) announced that it has renewed its partnership agreement with the Japan Saudi Arabia Methanol Company (JSMC) for another 20 years. The agreement concerns the Saudi Methanol Co...

Japan Imports 22 M Barrels of Oil in February from UAE

Japan imported around 22.102 million barrels of crude oil from the United Arab Emirates (UAE) during February 2019, according to data released by the Agency of Energy and Natural Resource in Tokyo showed, Zawya report...

ADNOC Awards Onshore Block to Japan’s INPEX

The Abu Dhabi National Oil Company (ADNOC) inked an agreement on March 17th, awarding onshore Block 4 to Japan’s INPEX Corporation. The 35-year agreement gives INPEX the block’s exploration rights through its subsidia...

US to Give Eight Nations Oil Waivers for Iran Sanctions

The US has granted eight Iranian oil importers temporary waivers from the sanctions set to be imposed upon the country’s energy sector on November 5, a US government official told Bloomberg. The waivers have been gran...

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