SAUDI ARABIA

Saudi Arabia, Japan sign agreements on circular carbon economy, clean hydrogen, fuel ammonia

December 25, 2022
Energy Minister Prince Abdulaziz Bin Salman and Japanese Industry Minister Yasutoshi Nishimura, who is visiting the Kingdom currently. signed the MoC.
Energy Minister Prince Abdulaziz Bin Salman and Japanese Industry Minister Yasutoshi Nishimura, who is visiting the Kingdom currently. signed the MoC.

Saudi Gazette report

RIYADH — Saudi Arabia and Japan signed a memorandum of cooperation (MoC) on Sunday in the fields of the circular carbon economy, carbon recycling, clean hydrogen and fuel ammonia.

The MoC was signed by Energy Minister Prince Abdulaziz Bin Salman and Japanese Industry Minister Yasutoshi Nishimura, who is visiting the Kingdom currently.

The two ministers held the first ministerial meeting of the Saudi-Japanese energy dialogue in Riyadh, the Energy Ministry said on Twitter.

Saudi Arabia accounts for close to 40 percent of Japan's crude oil imports as the largest supplier.

Under the two memoranda of cooperation, the two countries will accelerate the use of hydrogen in transport, promote research and development of hydrogen and fuel ammonia technologies and their use at the local, bilateral, regional and international levels.

The two countries will also explore possibilities of conducting a joint study or pilot project that accelerates the deployment of such technologies as direct air capture, carbon capture, utilization and storage (CCUS)/carbon recycling and low carbon fuels such as e-fuel, gaseous fuels, methane, fuels derived from CO2 and methanol.


December 25, 2022
535 views
HIGHLIGHTS
SAUDI ARABIA
14 minutes ago

Over 80,000 commercial registrations issued in 2Q 2025, bringing total to 1.7 million

SAUDI ARABIA
38 minutes ago

Saudi Space Agency launches Madar Al-Athar Award for non-profit entities  

SAUDI ARABIA
hour ago

Nearly 17 million foreign pilgrims perform Umrah in 2024, up 101% from 2022