11:15 AM EST - Canadian Superior Energy Inc. : of Calgary and privately held Global LNG Inc. of New York launched a plan Tuesday for a US$550-million liquefied natural gas import terminal 24 kilometres off New Jersey. Subject to regulatory approval, the Excalibur project is designed to begin delivering 2.4 billion cubic feet per day of gas by late 2011. Canadian Superior Energy Inc.
shares T.SNG are trading up 25 cents at $4.26.
