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Qatar Petroleum CEO concludes meetings with Japanese companies

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LNG Industry,

Recently, it was announced that Saad Sherida Al-Kaabi – the President and CEO of Qatar Petroleum and Chairman of Qatargas – was to meet with senior executives of major Japanese energy companies during a working visit to Tokyo, Japan. Al-Kaabi has now concluded his visit, having held talks and discussions on ways of boosting cooperation between Japanese customers and partner companies, especially in the LNG trade.

Al-Kaabi met with Chairmen, Presidents and senior executives of a number of companies, including the following: Chubu Electric; Jera; Mitsui; Chiyoda Corp.; Idemitsu; Cosmo Oil; LNG Japan; Mitsui & Co.; Marubeni Corp.; and Itohchu. He also held meetings with financial institutions, including Bank of Tokyo – Mitsubishi UFJ and Japan Bank for International Cooperation, as well as with utility companies, such as Tokyo Electric (TEPCO), Kansai Electric and Tohoku Electric. Al-Kaabi also met with major shipping lines, such as NYK Line, MOL, K Line and Lino.

In addition to these meetings, Al-Kaabi also attended the annual reception hosted by Qatargas for its Japanese customers and partners. This event was attended by hundreds of guests, including the ambassador of the State of Qatar to Japan, members of the Arab and international diplomatic corps, the Mayor of Tokyo, government officials, and senior executives from both the banking and energy sectors, as well as a number of Qatari students in Japan.

Speaking at the event, Al-Kaabi said: “1997 was the beginning of our historic journey in Japan with Chubu Electric and the seven founding Japanese buyers. The friendship and commitment of Qatar Petroleum and Qatargas towards our partners remain just as strong as it was then – if not stronger. I am proud to announce that we have successfully delivered more than 2500 cargoes to our esteemed Japanese LNG buyers. This achievement could not have been possible without the confidence of our customers and the cooperation of all our partners in Japan.

“For us in Qatar, we have watched the volatility that has characterised the energy market in the past two years. And, throughout this time, we have never lost sight of the need to maintain and enhance our long-standing relationships with our valued customers and partners.”

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