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Alberto Fernández

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Argentina and EU's Hydrogen & Renewables deal

The European Commission and Argentina have signed a non-binding agreement to facilitate the supply of liquefied fossil gas (LNG) to Europe, in exchange for cooperation on green energy and efforts from Buenos Aires to control gas leakage. The agreement comes amid strong economic relations between the EU and Argentina, with significant EU investment in the country and the bloc being Argentina's third-largest trading partner. The agreement focuses on four key aspects: hydrogen and its derivatives, renewables, energy efficiency, and LNG supply. Argentina, a major player in the gas industry, aims to boost its LNG exports and is working on a law to support its LNG industry with plans to begin exporting at scale by 2027. The agreement emphasizes that supplying LNG must align with the long-term decarbonization goals of both the EU and Argentina, in line with the Paris Agreement. To address climate concerns, the agreement also calls for measures to reduce methane leakages in the fossil gas supply chain, including the integration of recovered methane back into the supply chain.




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147 more agrees trigger scaled up advertising

  • Rukia Ahmed Abdi

    47 w

    the war on climate change can be won through collaborations. Looking forward to more of this across the world

    7
    • winnie nguru

      47 w

      Collaboration helps countries share ideas, technology and expertise which leads to the success of any project. Impressed

      7
      • Ajema Lydiah

        47 w

        great collaborations that can lead to sustainability

        8
        • Tabitha Kimani

          47 w

          Great to see lots of collaborations and efforts transition to renewables.

          14
          • mercy nduta

            47 w

            Great deal in the fight against climate change to reduce reliance on fossil fuels that release carbon dioxide into the atmosphere.

            3
            • Joseph Githinji

              47 w

              A great agreement to reduce greenhouse gas emissions. This will go a long way in creating a sustainable future.

              17

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