Hydrate occurrence in Europe: Risks, rewards, and legal frameworks.

In January of this year (2020), a major scientific study ('the Minshull report') announced that gas hydrate reservoirs were found in many offshore areas across Europe. The European Commission is now considering a policy view to commercialize the development and extraction of methane gas from European offshore areas. Affirmation from the European Commission that offshore methane hydrates are too useful and too valuable to forego development could initiate a global response to adopt offshore methane hydrates as a new source of natural gas for heating, for electrical power supplies, and for potential new revenues.