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Economy

Chinese eye methane hydrate reserves in South China Sea

BEIJING -- In a move that could further fuel tensions in the South China Sea, China will step up exploration for methane hydrate, which is drawing attention as a future source of energy.

     Research last summer led to the discovery of a high-purity methane hydrate reserve in the northern part of the South China Sea, according to the Land and Resources Ministry. The reserve, sitting off the coast of Guangdong Province, is estimated to span 55 sq. km and amount to the equivalent of 100 billion to 150 billion cu. meters of natural gas.

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