Canadian Superior Energy (SNG)

[TheGreatDane]

http://www.theglobeandmail.com/servlet/story/LAC.20080521.RSUPERIOR21/TPStory/Business
Unlike rival proposals, the Liberty project seeks to reduce regulatory and local opposition as it doesn't involve the construction of large regasification or storage facilities either onshore or offshore. Instead, it will consist of an offshore turret system, whereby the LNG is converted from a liquid into gas onboard tankers, and then transported ashore by pipeline.

The unusual design reduces the amount of infrastructure, limiting the project's environmental footprint and putting Liberty in a strong position to compete against rival developments, said Excalibur chief executive officer Roger Whelan.

"We've gone about [Liberty] very differently," he said in an interview. "This will be a popular project in New Jersey."

Excalibur expects to seek regulatory approval for Liberty next year, with the aim being to deliver up to 2.4 billion cubic feet a day of gas by late 2011.