TOKYO: State-run Japan Oil, Gas and Metals National Corp (Jogmec) said it signed a contract with the world’s top exporter Saudi Aramco to extend a crude oil storage deal on the island of Okinawa by three years.
Under the agreement, Saudi Aramco can store up to one million kilolitres (6.3 million barrels) of crude oil on the island southwest of mainland Japan for the next three years, Jogmec said in a statement.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
