Japanese Economy, Trade and Industry Minister Yukio Edano, Kuwait Petroleum Corporation (KPC) CEO Farouk Al-Zanki, and Kuwaiti Ambassador to Japan Abdulrahman Al-Otaibi, shake hands at a receiption in Tokyo on Wedednsday (October 12.)
The event was held on the occasion of the arrival of a tanker carrying the first shipment of oil aid from Kuwait at JX Nippon Oil Energy Corporation's Negishi refinery in Yokohama, eastern Japan.
The aid was decided in April in order to help Japan recover from the March 11 catastrophe. The donation is equivalent to some USD 500 million and surpasses Japan's daily consumption of 4.4 million barrels. The donated oil will be delivered to four Japanese refiners by the end of this year, and money to the value of the free oil will be provided to the quake victims through the Japan Red Cross.
Edano said that Japan should never forget such great support in tough times, and that the government will have to speed up its reconstruction efforts.
Ambassador Al-Otaibi expressed confidence that Japan will rebuild itself soon, as it proved the ability to bounce back from the devastation in the World War II and has become a global leader of economy and technology.
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