Japan Petroleum Exploration Co. Ltd.
Japan Oil, Gas and Metals National Corp.
In early 2004, the Japanese completed field operations for a second methane hydrate exploration program in the Nankai Trough.
Japan’s Ministry of Economy, Trade, and Industry (METI, restructured in 2001 from MITI, Ministry of International Trade and Industry) led the project to evaluate geologic prospects off central Japan, part of an ongoing research program to evaluate natural methane hydrates as a potential energy source. The operations in January-May 2004 were based on the technologies developed during the first exploration campaign in 1999-...