Japan’s Prime Minister Fumio Kishida will soon be announcing a plan to assist Saudi Arabia and UAE in their green energy production during his visit to the Middle East next week.
The local report, quoting government sources revealed that the plan, called “Global Green Energy Hub,” will target assisting both Saudi Arabia and the UAE in their endeavours to boost green energy sources such as solar power generation facilities and ammonia facilities and also support them to cut down dependency on oil.
As per local reports, Japan aims to assist in transportation through hydrogen carriers, decarbonisation of automobiles, exploration and refinement of critical minerals amongst other areas.
The report further revealed that Kishida will be visiting UAE, Saudi Arabia and Qatar from July 16-19. During the visit he plans to propose the deal to Saudi Crown Prince Mohammed bin Salman and UAE President Mohamed bin Zayed.
It may be noted that in December 2020, Japan presented its new “Green Growth Strategy in line with Carbon Neutrality in 2050” that aims at reducing greenhouse gas emissions to net-zero and to realise a carbon-neutral, decarbonised society by 2050.
Moreover, Japan has been an importer of oil from the Middle East for decades. In 2015, Saudi Arabia, the UAE, Kuwait, and Qatar provided as much as 75.4% of Japan’s oil. Since then, Japan has been working with Middle Eastern countries to diversify its energy sources and develop renewable energy.