[JmyBryan]

I recently read an article by Daniel Yergin ("The Prize") promoting intercontinental shipmt of LNG as the energy of the future. Your scenario suggest the insurance costs make this even more expensive. Yergin did say it would require govt backing.

[XBob]

22-"intercontinental shipmt of LNG"

This has been done for many years now. Giant 'gas' tankers with huge ball tanks routinely ship gas around the world. I helped build a plant in Indonesia in 1980 to ship gas to Japan.

We are currently building a terminal off the Texas/Lousiana coast to offload such tankers for importing gas into the US. Should be finished next year.