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
The agreement commits us to work with 4 international partners on lowering emissions from LNG production, export and use:
- 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.