Japan minister signs clean energy cooperation document during Saudi visit

Japan's Economy, Trade and Industry Minister Yasutoshi Nishimura and Parliamentary Vice Minister for Foreign Affairs Kei Takagi attend the G20 Energy Transitions Ministerial Meeting in Nusa Dua, Bali, Indonesia, September 2 2022. Made Nagi/Pool via REUTERS/File Photo

(Reuters) -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 Saudi Energy Ministry said on Twitter.

The MoC was signed by Saudi Energy Minister Prince Abdulaziz bin Salman and Japanese Industry Minister Yasutoshi Nishimura, who is visiting the kingdom, after a meeting in which they both stressed the importance of supporting the stability of global oil markets through encouraging dialogue and cooperation between producers and consumers, the Saudi state news agency (SPA) reported.