Abu Dhabi has signed an agreement with Japan that will see the Emirate store its crude oil in the Asian country.
The agreement is believed to be a move by Abu Dhabi, and it’s state owned energy company Abu Dhabi National Oil Company (ADNOC), to strengthen its ties to key Asian markets and ensure a regular supply of crude oil to the region.
ADNOC will execute the project, which has reportedly been well received by Japan.
Â
