Published April 29, 2021, 2:58 PM Project sponsor-firm Vires Energy Corporation (VEC), a subsidiary of listed firm A. Brown Company Inc., has formally admitted to the Department of Energy (DOE) the information lapse on its targeted deployment of floating storage and regasification unit (FSRU) that is tied to its planned liquefied natural gas (LNG) import facility in Batangas. That then prompted the DOE to issue a statement clarifying that the “BW Paris” FSRU will no longer be used by VEC because it was not able to firm up a deal with the owner-firm BW FSRU Pte. Ltd., which is a wholly owned subsidiary of BW Gas Limited of Norway.