Japan’s Deputy Foreign Minister confirmed his encouragement for the return of his country’s companies to work in Libya. The revelation came yesterday during his meeting with Libya’s Minister of Oil and Gas, Mohamed Aoun, in Tripoli.
Japanese equipment, pipes and technologies already used in Libya
At the meeting, Minister Aoun gave an overview of the oil and gas sector in Libya, the relationship of Japanese companies and their contribution to many strategic projects, noting that a lot of equipment, pipes and technologies used in the sector related to Japanese industries.
Libya seeks very wide cooperation in the sector with Japan
He stressed that his ministry wants to develop the relationship with Japanese companies to invest in developing explored sites, establishing refineries, producing shale oil, of which Libya holds the fifth largest reserves.
The Minister also wanted Japanese companies to participate in exploring vast areas on land and sea, investing in the exploitation of alternative energies for operating equipment in oil sites, and investing in localizing some industries to produce used equipment and spare parts in the oil sector in the industrial complexes in Libya.
Japan will encourage its companies to return to Libya
For his part, the Japanese Deputy Foreign Minister stressed the encouragement of Japanese companies to return and invest, and he will urge cooperation and communication with the Ministry of Oil and Gas and the development of the relationship between the two sides in the fields of oil, gas and renewable energies.
Cooperation with technically developed countries essential to developing oil sector
In a statement to the Libya Herald in a telephone conversation with the Information Office of the Ministry of Oil and Gas, the ministry stressed that holding such meetings with active and developed countries such as Japan, which is known for its technical development in all fields, is essential to work on developing the oil and gas sector.
Deputy Foreign Minister’s visit evidence of importance of Libyan oil sector
Pointing out that this visit by the Japanese Deputy Foreign Minister is evidence of the importance of the oil sector, in particular, and Libya in general, for the State of Japan, which gives positive indications of the return of stability to Libya, which encourages other countries and large foreign companies working in the field of energy to invest in Libya.
He stressed the readiness of the Ministry of Oil to cooperate with all countries wishing to invest in various fields of energy, especially in the field of oil and gas inside Libya, and to provide the appropriate climate to achieve common benefits.
The meeting was also attended by Japan’s Director General for Africa and the Middle East, Kansuke Nagoka, the Director of the Asia and Australia Department at the Ministry of Foreign Affairs and International Cooperation, Nuri Fadel Al-Kaseh, Libya’s Chargé d’Affaires in Japan, Ahmed Salem Al-Naas, and on the Japanese side, the First Assistant to the Director of the Middle East and Africa Department, Shunsuke Akamasa, and Japan’s Chargé d’Affaires, Masaki Amadera.