Akhir 04, 1432 / March 09, 2011, SPA -- Organization of Arab Petroleum Exporting Countries (OAPEC) said here Wednesday that it signed a Memorandum of Understanding (MoU) with Japan Cooperation Center, Petroleum (JCCP) within its efforts to expand cooperation with international bodies of energy in general, and petroleum in particular. Further, OAPEC said -in a statement made today- that the MoU that was signed at its Kuwait-based general secretariat headquarters includes an agreement made by the two parties on establishing ties of cooperation between them in the domain of downstream petroleum industries. It made clear that MoU covers various aspects of cooperation including the preparation of various studies, and holding relevant conferences on downstream petroleum industries like crude oil refining and petrochemicals. JCCP will continue the implementation of its commitments toward strengthening ties of friendship among oil producing countries and Japan through technical cooperation, and the exchange of experts in the sector of downstream petroleum industries, OAPEC said. It also said that the exchange of views on strengthening ties of cooperation between the Arab oil cartel and JCCP started on May 2010 in what led to signing the current MoU. Secretary General of OAPEC Abbas Al-Naqi signed the MoU on behalf of the organization, while it was by JCCP Managing Director Morihiro Yoshida on the part of the center. The MoU also includes workshops, seminars, research, joint studies and other relevant programs of downstream petroleum industries.
