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Japan seeks closer energy ties with UAE

Source : IANS
Last Updated: Sat, Oct 13, 2012 18:40 hrs

Tokyo, Oct 13 (IANS/WAM) The Japan has sought to bolster energy relations with the UAE, a Japanese official said.

The emirate of Abu Dhabi already meets around 25 percent of Japan's demand on crude oil, and recently become Japan's partner in a new renewable energy project.

Senior officials of Japan's state-owned Development Bank of Japan said the UAE remains important for Japan's energy security.

"As Abu Dhabi started to focus more on the renewable energy in 2006, and as Japan owns advanced environmental and energy technologies, we wish to improve the relationship between the two countries.

"We wish that Masdar, Abu Dhabi's renewable energy company, would utilise these technologies," Takahiro Kato, senior vice president of DBJ, told WAM in Tokyo.

--IANS/WAM

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