Indo-U.S. expedition discovers natural gas in Indian Ocean
▻http://www.thehindu.com/todays-paper/tp-business/indous-expedition-discovers-natural-gas-in-indian-ocean/article8903294.ece
According to the National Oceanic and Atmospheric Administration gas hydrate deposits along ocean margins are estimated to exceed known petroleum reserves by about a factor of three.
“Advances like the Bay of Bengal discovery will help unlock the global energy resource potential of gas hydrates as well as help define the technology needed to safely produce them,” said Walter Guidroz, USGS Energy Resources Program coordinator.
This discovery is the result of the most comprehensive gas hydrate field venture in the world to date, made up of scientists from India, Japan and the United States.
The discovery follows an exploration of the region from March to July of last year.