• Japan Plans to Make an Agreement with Saudi Arabia to Secure Additional Oil Supplies

    10/02/2013

     Japan Plans to Make an Agreement with Saudi Arabia to Secure Additional Oil Supplies
     
    A Japanese officialsaidthat Japan's Commerce MinisterwenttoSaudiArabiayesterdayfor talks onsecuringadditionaloilsupplies,accordingto'Reuters'.This wasafterthepublicationofa report thatthetwostatesagreed onthe establishment ofahotlinebetweenthetwogovernmentstoallowJapan,which isone ofthelargestimportersofoilintheworld,tourgentlyrequestadditionaloilsuppliesincaseofexceptionalcircumstancesfromSaudiArabia,thelargestoil exporterin the world.

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