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METI Revises the Plan for the Development of Marine Energy and Mineral Resources

February 15, 2019

On February 15, 2019, the Ministry of Economy, Trade and Industry (METI) revised the Plan for the Development of Marine Energy and Mineral Resources (hereinafter referred to as the “development plan”).

The development plan stipulates a specific future plan for development of marine energy and mineral resources. METI is responsible for the formulation of the development plan under the Basic Plan on Ocean Policy for this purpose.

1. Background

METI continues to formulate the development plan in order to specify the goals stipulated in the Basic Plan on Ocean Policy approved by the Cabinet.

In response to the formulation of the Third Basic Plan on Ocean Policy in May 2018, the government of Japan decided to revise the development plan to address the current situations in related fields. Accordingly, field-based expert councils and the Natural Resources and Fuel Committee of METI’s Advisory Committee for Natural Resources and Energy held discussions on the draft of the revised development plan and formulated the draft of the revision. METI called for public comments on the draft of the revision in December 2018 and revised the development plan on February 15, 2019, in light of the results of the public comments.

2. Outline

The revised development plan specifically defines: approaches to research and development from the first step to goal achievement by type of mineral for marine energy and mineral resources and technical development and other necessary related elements; and it also defines the future direction of plans for developing such resources for the coming five years or so. Under the plan, METI will continue to make efforts toward achieving these goals.

Methane hydrates:

Oil and natural gas:

Efforts related to deep sea minerals:

Division in Charge

Policy Planning Division, Natural Resources and Fuel Department, Agency for Natural Resources and Energy