Methane Hydrates are still quite pricey to develop. Buying LNG on the international market is still quite a bit cheaper. But let’s see the dimensions here. If Japan can make Methane Hydrates anything close to commercial, they are sitting on an inestimable treasure. It is thought that Methane Hydrates dwarf all other gas reserves on Earth by at least an order of magnitude. Japan with its vast Economic Zone could be energy independent for hundreds of years. If thats not an incentive.
Just off the coast of Okinawa in southwestern Japan, a large reservoir is encasing massive amounts of an unknown gas in an area where the Earth’s crust is