Muscat – Oman’s Ministry of Energy and Minerals and Japan’s Ministry of Economy, Trade and Industry on Tuesday signed a memorandum of understanding (MoU) in the field of hydrogen, fuel ammonia and carbon recycling.
The two countries also signed the third extension of the MoU signed between the Ministry of Energy and Minerals and Japan Organization for Metals and Energy Security in the field of crude oil, natural gas and clean energy.
The MoUs were signed by H E Eng Salim Nasser al Aufi, Minister of Energy and Minerals and Yasutoshi Nishimura, Japanese Minister of Economy, Trade and Industry.
The first MoU aims to accelerate the Oman-Japan energy and resources cooperation and acknowledge the continued role and contribution of Oman to Japan’s energy security.
The MoU will support efforts to accelerate cooperation, exchange information and research results and hold workshops, trade missions, site visits and working groups in the field of hydrogen, fuel ammonia and carbon recycling that includes methanation.
Moreover, the term of the third extension of the MoU is from January 9, 2023 and for a period of three years, thus enhancing collaboration in dealing with commercial and technical issues pertaining to clean energy.
This MoU was first signed on January 9, 2014 in confirmation of the two sides’ mutual intention and desire to promote and develop cooperation in the field of crude oil, natural gas and clean energy development on the basis of reciprocal benefits.