
The hydrate, which is also known as combustible ice, is a solid matter formed by water and natural gas under high-pressure and low-temperature conditions. It is considered the new energy with the largest deposit in the world.
It is estimated that the world's deposits of gas hydrates are 50 times that of natural gas. The discovery of this new energy has brought hopes to the mankind suffering from energy crisis.
Read more here
Also see OilDrum Update on worldwide hydrates