Australia signed the Joint Statement on Accelerating Methane Mitigation from the LNG Value Chain on the sidelines of the LNG Producer-Consumer conference in Tokyo.
Australia joins international methane mitigation agreement
We will collaborate with Japan, the Republic of Korea, United States and European Union to lower methane emissions in the Liquified Natural Gas (LNG) supply chain.
Officials from each country signed the agreement. Left to right: Australian Ambassador to Japan Justin Hayhurst, the Director General for Energy in the European Commission Ditte Juul Jørgensen, Japanese Minister of Economy, Trade and Industry NISHIMURA Yasutoshi, the Republic of Korea Ambassador to Japan Duk-min YUN and US Ambassador to Japan Rahm Emanuel.
The agreement commits us to work with 4 international partners on lowering emissions from LNG production, export and use:
- Japan
- the Republic of Korea
- the United States
- the European Union.
The agreement brings together some of the world’s biggest LNG producers and consumers, including Australia’s main LNG trade partners. Australia is one of the world’s top LNG exporters.
These countries also reiterated their commitment to the US-led Global Methane Pledge.
Methane is a potent greenhouse gas with a high global warming potential. Gas production (including LNG) is a significant source of methane in Australia and globally.