Gulf Oil and Gas accountACCOUNT

Saudi Aramco Signs Agreement on Okinawa Storage

Source: www.gulfoilandgas.com 6/15/2010, Location: Asia

Saudi Aramco and Japan’s Agency for Natural Resources and Energy have signed an in-principle agreement for a joint project to utilize crude oil storage facilities in Okinawa.

The close proximity of these facilities to major customers in Japan and Asia will provide mutual benefits. Saudi Aramco would have readily available crude oil supplies for its commercial customers in North and East Asia and is expected to deepen the company’s ties in the region, further strengthening Saudi Aramco’s long-standing relationship and commitment to being a reliable long-term supplier to our customers in the wider Asia region.

The project will secure storage for Arabian crudes in Japan and enhance supply reliability for Japan, giving it ready access to oil supplies from its domestic storage in the event of an emergency. By the end of 2010, Okinawa CTS Corp. in Okinawa will begin storing Saudi Aramco’s crude oil with starting volume of approximately 3.8 million barrels (600,000 kiloliters.

Oil & Gas Companies News in Japan >>

Azerbaijan >>  4/16/2019 - Turan Drilling & Engineering Company LLC (A KCA Deutag and SOCAR AQS Company) has been awarded its first contract, which is with BP Exploration (Caspi...
Russia >>  4/10/2019 - Zvezda Shipbuilding Complex and Sovkomflot PJSC have signed a contract to make a pilot gas carrier vessel for the Arctic LNG 2 project. The contract s...

India >>  4/8/2019 - Axens’ Technologies for HPCL Rajasthan Refinery in HPCL Rajasthan Refinery Limited (HRRL), a joint venture company between HPCL and the Government of ...
China >>  4/5/2019 - Woodside has signed a Heads of Agreement (HOA) with ENN Group for the sale of 1.0 million tonnes of LNG per annum from Woodside’s portfolio for a per...

Russia >>  4/2/2019 - During the 19th International Conference & Exhibition on Liquefied Natural Gas (LNG2019) in Shanghai, Novatek Gas & Power Asia, a trading subsidiary o...
Indonesia >>  3/25/2019 - TechnipFMC has been awarded a large(1) integrated Engineering, Procurement, Construction, Transportation and Installation (iEPCI) contract by Eni for ...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Japan Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 |

More News

Related Links

AZ BD BN CN GE HK ID IN IR JP KR KZ MM MN MY PG PH PK RU SG TH TJ TM TW UA UZ VN
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.