Will Methane Hydrates Become a Domestic Energy Resource?
26th of May, 2013
By Ishikawa Kenji, Nippon.com
On April 1, 2013, the Japanese government’s Headquarters for Ocean Policy announced draft guidelines that would steer marine strategy over the next five years. One item drew particular attention: methane hydrates. The new Basic Plan on Ocean Policy calls for assessing the extent of methane hydrate deposits surrounding Japan while simultaneously developing the necessary technology for commercially viable production of gas from this potential energy resource.(*)
Interest is growing following the first successful extraction of methane gas from sub-seafloor hydrate deposits, which took place on March 12 in the Nankai Trough, offshore of Aichi Prefecture. However, the prospects for methane hydrates are somewhat unclear. The media is touting them as a game-changing domestic resource, while others have dismissed them as worthless.
Below I use information I have personally compiled to clarify the actual potential of methane hydrates as an energy resource. READ MORE HERE.