EU and Argentina sign energy cooperation contract

INSUBCONTINENT EXCLUSIVE:
The European Union (EU) and Argentina have entered into a cooperative agreement focusing on multiple aspects of energy, including renewable
energies, hydrogen use, methane emissions reduction, and facilitating an equitable ecological shift.This understanding was formalized by EU
intended to guide future cooperation between the two regions in ensuring a just, clean transition to renewable energy sources and energy
efficiency.A key commitment involves the use of hydrogen and its derivatives in various sectors, including industrial processes, transport,
and energy storage.Both parties also aim to minimize methane leakage in the fossil gas supply chain as much as possible by leveraging
advancements in technology, reducing venting and flaring of gases, and researching innovative solutions.The agreement stresses the
significance of complying with environmental laws for future investments.Moreover, it emphasizes the necessity to account for biodiversity
interests during the energy transition process.This agreement builds upon ongoing dialogues and previous initiatives, underscoring the
established relationship between the EU and Argentina in the energy sector.