Vires Energy drops FSRU plans, puts focus on developing LNG power plant

Vires Energy, a unit of A Brown, has dropped plans to build an FSRU-based LNG import terminal in Batangas, Philippines. The firm aims to source natural gas from third parties to supply its planned LNG power plant. Back in April 2021, Vires Energy has secured approval from the Philippines’ Department of Energy to develop its…

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