Subscribe free to our newsletters via your
. Space Industry and Business News .




ENERGY TECH
South Korea targets offshore reserves
by Daniel J. Graeber
Seoul (UPI) Apr 22, 2013


disclaimer: image is for illustration purposes only

South Korea is looking at gas hydrate deposits and other offshore reserves in an effort to wean itself from foreign energy reserves, a government official said.

State-run Korean National Oil Corp. is the fifth-largest crude oil importer in the world, taking in all of the energy requirements for the South Korean economy. An official in the energy ministry told the Platts news service on condition of anonymity an unknown quantity of gas hydrates may lie off the South Korean coast.

"We will seek to determine the size of commercially viable deposits of gas hydrate there," the official said in an interview published Monday.

Gas hydrates form deep underwater where cold temperatures and high pressure cause natural gas to form into ice-like crystals. KNOC already produces around 36 million cubic feet of natural gas per day from the region's Ulleung Basin.

The official added the government may team up with China to explore areas off the western coast of the Korean Peninsula.

Seoul said the drilling plans would be developed over the course of the year.

.


Related Links
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





ENERGY TECH
Russia may lose energy game over Ukraine, U.S. says
Washington (UPI) Apr 17, 2013
Russia has "a lot to lose" if it continues to use energy as a geopolitical tool in the row over Ukraine, a U.S. State Department spokeswoman said. Russian President Vladimir Putin warned European energy security was at risk because of disputes over Ukraine's gas debts. Russian company Gazprom suspended a price discount for Kiev following the February upheaval and Ukraine could lose out ... read more


ENERGY TECH
Chiral breathing: Electrically controlled polymer changes its optical properties

Information storage for the next generation of plastic computers

Global scientific team 'visualizes' a new crystallization process

Repeated Self-Healing Now Possible in Composite Materials

ENERGY TECH
NGC Ships Payload Module For 4th Advanced EHF Protected ComSat

Harris, Exelis win Army radio contract

Fourth AEHF Protected Communications Satellite Begins Integration Months Ahead of Schedule

Intelsat and L-3 Test Protected Air Force Tactical Technology on Ku-band

ENERGY TECH
SpaceX Cargo Mission Launches to Space Station

SpaceX launches Dragon capsule to ISS

NASA Signs Agreement with SpaceX for Use of Historic Launch Pad

Russia will continue rocket engines supplies to US

ENERGY TECH
Facebook rolls out 'nearby friends' feature

Fifth Boeing GPS IIF Satellite Joins Global Positioning System

Satellite Navigation Failure Confirms Urgent Need for Backup

USAF Awards Lockheed Martin Full Production Contracts For Next Two GPS 3 Satellites

ENERGY TECH
Malaysia Airlines jet in emergency landing after tyre bursts

China's Shandong Airlines orders 50 Boeing planes for $4.6 bn

Malaysia, Australia in deal on black box custody: report

Diligent Consulting tapped for Air Force Network support

ENERGY TECH
Device turns flat surface into spherical antenna

Catching the Invisible Wave

Domain walls in nanowires cleverly set in motion

Scalable CVD process for making 2-D molybdenum diselenide

ENERGY TECH
NASA Highlights Magnetospheric Multiscale Mission at Local Fair

China uses satellite, drones to fight pollution

Mitsubishi Electric Begins Developing GOSAT-2 Satellite System

DMCii help Dutch company eLEAF provide much needed crop information to African farmers

ENERGY TECH
The result of slow degradation

MEPs back plans to slash use of plastic shopping bags

Oil company blamed for toxic tap water in China: Xinhua

Snowstorms and power outages present elevated risk for carbon monoxide poisoning




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.