Methane Hydrate Reserves--Up to One Half the Amount of Other Fossil Fuel Reserves Worldwide

China announced yesterday it had made a breakthrough in excavating natural gas hydrate, the so-called “flammable ice”, which is believed to be a potential natural energy source. Zhang Hongtao, deputy director-general of China Geological Survey (CGS), said gas hydrate samples were successfully collected from the northern part of the South China Sea last month. China is the fourth country after the United States, Japan and India to make such a technological achievement. Zhang said the development was expected to ease the country’s dependence on oil and coal.Source

Labels: methane, methane clathrates, peak oil
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