SELECTED ENERGY STOCK PERFORMANCE: SECOND QUARTER 1996
SEPTEMBER 01, 1996
Commercialization of methane recovery from coastal deposits of methane hydrates could head off an impending gas shortage.
from methane hydrates.
To expedite these efforts of commercializing production of natural gas substitutes from methane hydrates, a forum to collect and exchange more than 30 years of R,D&D results needs to be created-similar to the international conferences on LNG organized by IGT in 1968 that contributed substantially to the growth of the global liquefied natural gas industry. The Gas Technology Institute (GTI), could best assume this responsibility. GTI has conducted a great deal of R&D on methane hydrate occurrence, stability, and recovery. Just as the responsibility for managing the international conferences on LNG was shared successfully, a similar arrangement could be made for international conferences on methane hydrates. GTI seems to be most highly motivated to take the lead in this important venture as the central R,D&D organization working on behalf of more than 66 million U.S. gas customers.