World Bulletin / News Desk
Japan is "committed" to tackle global challenges to ensure a stable world energy supply, Katsuo Nagasaka, board chairman of Chiyoda Corporation, said Tuesday.
"We will then continue contributing to world stable energy supply," Nagasaka said in his address at a plenary session at the 22nd World Petroleum Congress in Istanbul, the largest meeting of the oil and gas industry, of which Anadolu Agency is the global communication partner.
Nagasaka said Japan is "committed" to tackle the increase in global warming that has been seen since the 1990s.
He said the Japanese government established a strategy to ensure a stable supply for energy security and for realizing low-cost energy supplies by enhancing efficiency.
He added that the Chiyoda Corporation is currently working on three new technologies to support stable energy supplies -- SPERA hydrogen, renewables and bioenergy for liquid fuel production, and methane-hydrate.
SPERA hydrogen is an innovative new technology from the Chiyoda Corporation, which enables hydrogen to be liquefied and consequently transported at ambient temperature and pressure.
Methane-hydrate or "flammable ice" are vast reservoirs of natural gas trapped in ice-like crystals that hold the potential to alter trade flows and reshape the geopolitics of energy.
He added that Japan would continue to contribute to a stable world energy supply and to tackling challenges.
BIST 100 index rises 0.44 pct while US dollar/Turkish lira rate falls to 3.49
The day before, the dollar had rallied against both main rivals and the Dow reached a fresh record high after the US central bank kept alive the chance of a December increase in American borrowing costs.
Monthly index sees decline of 3.4 pct, according to Turkish Statistical Institute
BIST 100 index decreases 0.31 pct while US dollar/Turkish lira rate rose to 3.51
Frankfurt equities sagged despite a rally for shares in German heavy industry giant ThyssenKrupp, which announced a deal with Indian group Tata to merge their steel operations in Europe.
BIST 100 index drops 0.02 pct while US dollar/Turkish lira rate stands over 3.48
The move was seen as a bid to weather US-imposed sanctions on the embattled country.
Regulators decided in May to fine Banco Popolare di Vicenza a total of 11.2 million euros ($13.4 million), the ECB said in a press release.
BIST 100 index rises slightly 0.09 pct while US dollar/Turkish lira rate falls to 3.43
BIST 100 index rises 0.10 pct while US dollar/Turkish lira rate stands around 3.46
Borsa Istanbul's BIST 100 index goes down 0.89 pct at close, USD/TRY rate stands around at 3.44