Inpex Corp. and Japan Oil, Gas and Metals National Corp. (JOGMEC) will begin searching to pinpoint the best locations for natural gas extraction in oil and gas fields in the waters off Shimane and Yamaguchi Prefectures in March.
The fields may hold 1.4 times as much natural gas as Japan's currently known reserves. Inpex and JOGMEC aim to examine whether it would be a sustainable business to extract natural gas there by conducting a full-scale survey.
