The researches by the General Department of Vietnamese Sea and Islands under the Ministry of Natural Resources and Environment shows that the possible reserves are spread over a total area of 270 square kilometers, including the Tri Ton and Phu Khanh islands.
Earlier, the United States Geological Survey (USGS) evaluated Vietnam’s gas hydrates potential ranks fifth among Asian nations.
However, the Southeast Asian nation has yet equipped with advanced instrumentation and technologies and still lacks workforce to tap full the potential, said Doctor Nguyen Chu Hoi, head of the department.
In 2008 and 2009, Vietnam signed two memorandums of understanding on studying potentials of marine minerals and gas hydrates in the country with Russia’s V.I. Il'chev Pacific Oceanological Institute and Korea Institute of Geosciences and Mineral Resources (Kigam). These two institutes have competence and prestige in the field of exploring and producing gas hydrates in the world.
Gas hydrates is an important natural resources for development activities of nations in the world in general and for their energy security in particular in the context of rapid exhaustion of traditional fuel sources such as coal and oil.
Gas hydrates have been found to occur naturally in large quantities. Around 6.4 trillion tons of methane is trapped in deposits of gas hydrates on the deep ocean floor.