Idemitsu has established a representative office to promote exchanges and dialogue with oil-producing countries in the Middle East and other regions in order to build strong relationships of trust. In recent years, we have strengthened our relationship of trust with oil-producing countries through joint ventures with capital participation. In addition, Japan supports the development of human resources and technical support in oil-producing countries by dispatching experts to these countries with the support of the JCCP (Japan Cooperation Center Petroleum) and by accepting senior officials and engineers in Japan. We also participate in the Joint Project for Infrastructure Development in Oil-producing Countries (FY2018), which is implemented by the JCCP.
Saudi Aramco, the national oil company of the Kingdom of Saudi Arabia, one of the world's largest oil-producing countries, has also deepened cooperation in crude oil procurement, and is flexibly selecting and procuring crude oil whose refinery performance is optimal in light of market trends. Because it is possible to supply a wide variety of crude oil, multiple types of oil that we want are loaded into tankers and transported at one port of call.
With the support of the Japan Cooperation Center Petroleum (JCCP), Idemitsu Kosan’s Technology & Engineering Center received interns from the College of Engineering of Sultan Qaboos University; one of the top engineering colleges in Oman, who wished to find employment in the state-run oil company in the future. The interns spent six weeks in Idemitsu from July 1, 2019 and were provided training with the cooperation of related departments. The training program consisted of lectures on an overview of Idemitsu Kosan, the basics of chemical engineering, and distillation as well as model simulations. It also included practical learning at the Chiba Complex, Advanced Technology Research Laboratories, Keiyo Sea Berth, and other sites, and through this program, the interns obtained a deeper understanding of oil refining and petrochemistry in general. In addition, over the weekend, they attended the Makuhari Beach Fireworks Festa in yukata (informal cotton kimono) and took a walk in Kamakura to enjoy Japanese culture and varied natural beauty. They had good time interacting with many Idemitsu employees. In the future, Idemitsu Kosan will continue to consider cherish human connection and strengthen its relationships with oil-producing countries further.