The European Union (EU) and Japan, two of the world’s largest importers of natural gas, agreed this week to strengthen energy cooperation by establishing an EU-Japan energy security dialogue focused on global LNG flows.

The partnership will work to improve global security of supply, transparency of markets and reduction of methane emissions in the liquefied natural gas supply chain, according to a statement issued by the European Commission (EC). The parties met Tuesday at a conference  in Tokyo.  

In particular, the two sides will work on a global early warning system to prevent the sort of massive supply disruption caused by Russia’s invasion of Ukraine last year.

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