Article: United States: Canadian Superior Energy Inc. Announces Participation in Liberty Natural Gas Project Offshore New Jersey.

Byline: mayur03

Canadian Superior Energy Inc. ("Canadian Superior") (TSX: SNG) (AMEX: SNG) announced today that it will participate in the proposed development of a $550 million LNG regasification project, entitled "Liberty Natural Gas", in US federal waters offshore New Jersey. Oversight of the Liberty Natural Gas project will be conducted by Excalibur Energy (USA) Inc. ("Excalibur"), which is a 50/50 joint venture between Canadian Superior and Global LNG Inc. ("Global LNG"), a Delaware company. The Liberty Natural Gas project will create a safe, expedited, and cost-effective gas importation system for the region. The project consists of LNG regasification ...

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