Given below are two statements:

Statement I: In terms of hydrocarbon component, natural gas as it exits from ground consist predominantly (60-90%) of CH4 and other components include ethane, propone and two butane isomers.

Statement II: Enormous quantity of natural gas is held in methane hydrates (Clathrates) in ocean sediments and premafost.

In the light of the above statements, choose the correct answer from the options given below. 

1
Both Statement I and Statement II are true
2
Both Statement and Statement II are false 
3
Statement I is true but Statement II is false
4
Statement I is false but Statement II is true

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