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By
Angelica Y. Yang
THE Energy department has identified Vires Energy Corp. and Atlantic Gulf and Pacific Co. (AG&P) as potential investors in a floating facility for imported gas, as the country prepares for the depletion of its sole supplier of the energy resource.
“Yesterday, we had a pre-application conference with Vires Energy, which plans to bring in an FSRU (floating storage and regasification unit) and also with AG&P, which has… an initial agreement with San Miguel (Corp.). They also intend to bring an FSRU,” Department of Energy (DoE) Assistant Secretary Leonido J. Pulido III told participants of a Senate hearing on Tuesday.