BAGHDAD / obelisk: expressed the Minister of Industry, Economy and Trade Japanese Ancho Sukawara, on Thursday, his country's readiness to store Iraqi oil on the territory of Japan, also expressed his government's support for Japanese companies to contribute to the development of the Iraqi oil sector, came during a meeting in the South Korean capital Seoul on the sidelines of the Forum Fifth Asian energy ministers.
In turn, praised Iraqi Oil Minister Abdul Karim and coffee, on Japan's role in supporting the Iraqi oil sector and its contribution to the development of the infrastructure of the oil industry of Iraq, also pointed to the importance of soft loan provided by Japan, which will contribute to raise the export capacity of the ports of Basra to more than 7 million barrels per day.
A statement from the Ministry of Oil got "obelisk", a copy of "The Oil Minister Abdul Karim and coffee discussed with the Minister of Economy, Trade and Industry of Japan Ancho Sukawara strengthen economic ties between the two countries, during the meeting held by the parties in the Korean capital of Seoul on the sidelines of the forum fifth of energy ministers Asians . "
He added that "coffee stressed that the meeting discussed the importance of developing and enhancing mutual cooperation relations between the two countries in the fields as well as economic development in the oil industry."
He added that "Iraq has a distinct historical ties to politically and economically with Japan in various fields," praising "Japan's role in support of the Iraqi oil sector and its contribution to the development of the infrastructure of the Iraqi oil industry."
He pointed out that "the importance of soft loan provided by Japan, which will contribute to raise the export capacity of the ports of Basra to more than 7 million barrels per day," noting that the port to be prepared of the biggest ports of export of oil in the world will be ready to work the end of next year. "
He pointed out that "Iraq expressed its readiness to enter into long-term contracts with Japan for processing Iraqi oil."
For his part, the Japanese minister expressed his government's support for Japanese companies to contribute to the development of the Iraqi oil sector, including the oil fields in the "eastern Baghdad," field "Nasiriyah," as well as his country's readiness to study the Iraqi oil storage on Japanese soil. "
The Japanese minister stressed "the importance of Iraq as a producer and exporter of crude oil effective in the oil market and an influential factor in the stability of world oil prices and that are useful to the producing and consuming countries
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