The other day I highlighted what Japan was doing in exploration for hydrates or “ice gas”.
We are nowhere near peak oil as we discover new sources of energy.
At the Advantage New Zealand Petroleum Summit yesterday, the boss of Shell also covered this energy source.
New Zealand’s next energy game changer could be the “super resource” of gas hydrates, says Shell New Zealand chairman Rob Jager.
Speaking to the Advantage New Zealand Petroleum Summit yesterday, he said “ice gas” beneath the sea off the coasts were recognised internationally as having significant potential as a future energy resource.
“One [government study] explains this resource could possibly be about 10 times as big as the giant Maui gas field when it was first found,” Jager said. “GNS science says we have some of the biggest deposits of ice gas in the world, with the potential to meet all New Zealand’s needs and create a gas export for decades.” ¬†¬† Read more »