S&P Global Platts: Japan, Saudi Arabia to Renew Crude Oil Storage Deal in Okinawa
October 23, 2019
October 23, 2019
TOKYO, Japan, Oct. 23 -- S&P Global Platts, a subsidiary of S&P Global, issued the following news:
Japan and Saudi Arabia have agreed in principle to renew a joint crude oil storage scheme in Okinawa when it expires in October, a move that gives the Middle East supplier quick and easy access to its key customers in East Asia, while providing energy security for Tokyo amid mounting geopolitical woes.
It was one of the areas of cooperation in the updated Saudi-Jap . . .
Japan and Saudi Arabia have agreed in principle to renew a joint crude oil storage scheme in Okinawa when it expires in October, a move that gives the Middle East supplier quick and easy access to its key customers in East Asia, while providing energy security for Tokyo amid mounting geopolitical woes.
It was one of the areas of cooperation in the updated Saudi-Jap . . .