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Japan And UAE Reinforce Trade Ties As Official Country Partner For ADIPEC 2021
(16 June 2021)

Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) is proud to announce Japan's Ministry of Economy, Trade and Industry (METI) as its latest sponsor and official Country Partner of the 2021 edition of the event.

Japan is the UAE's top trade partner globally, with Japanese investments and advanced technologies playing a key role in supporting the UAE's development, especially in advanced technology, energy transition, aviation and healthcare.

The partnership between ADIPEC, which is hosted by the Abu Dhabi National Oil Company (ADNOC), and METI supports bilateral trade ties and solidifies Japan and the UAE's partnership to develop technologies that reduce carbon emissions. This theme will be an integral part of ADIPEC 2021.

The partnership comes after His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Group CEO, and H.E. Kajiyama Hiroshi, Japan Minister of Economy, Trade and Industry (METI), met virtually to discuss new opportunities for strategic cooperation between the UAE and Japan. UAE and Japan agreed to cooperate on fuel ammonia and carbon recycling technologies during the virtual business meeting. Ammonia will play an important role in enabling the hydrogen economy in the future and can serve as a hydrogen carrier and zero-emission fuel.

Japan is ADNOC's largest international importer of oil and gas products with approximately 25% of its crude oil imported from the UAE. The total value of non-oil trade between the UAE and Japan reached AED481.34 billion ($130.8 billion) over the past ten years from 2009 to 2019.

ADIPEC looks forward to welcoming METI live and in-person in Abu Dhabi from 15 - 18 November for the 2021 edition of the show, which marks a special occasion as celebrations will commence for 50 years of the UAE and ADNOC.

METI's decision to partner with ADIPEC underscores the role that the event plays in uniting the global oil, gas and energy ecosystem and showcasing the opportunities that unlock new value in an evolving energy landscape.