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Japan Says It Is First to Tap Methane Hydrate Deposit

If the extraction process is successful, it could provide enough energy to meet the country’s gas consumption needs for 14 years, experts say.

Japan mulls buying disputed islands in East China Sea

Japanese Prime Minister Yoshihiko Noda said on Saturday that the government is considering buying islands in potentially gas rich territory claimed by both Japan and China, in a move likely to anger Beijing.

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