Project Developers Release Details on Offshore New Jersey LNG Deepwater Port

Canadian Superior Energy, Inc., and Global LNG Inc., released details about the Liberty Natural Gas Transmission Project, an LNG deepwater port proposed for offshore New Jersey. The $550 million project will be located 15 miles off the coast of New Jersey and will be designed with an import capacity of 2.4 Bcf/d. The project is expected to come on-stream by late 2011. The news release (carried via Yahoo Finance) offers additional details.

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