Formation of Vital FSM PetroCorp.

Established Pricing Policy Framework to stabilize domestic prices.

$8MM Asset Rehabilitation Program.

5-Year Strategic Action Plan with Vision and Mission.

Contract with Guam Power Authority to manage, operate and maintain bulk storage facilities.

• 2.0MW high-speed diesel power plant installed in Pohnpei. FSM Coconut Resource Assessment completed.
• Installation of a 105.6KW Solar PV system at the Cabras Fuel Terminal in Guam.

PL18-68 enacted and Vital Coconut Development Unit established.

• $5MM + per annum in coconut industry
• Voyaging Together 2025: the 10-year Framework
• Strengthening of Human Capital
• Regional Expansion
• Increase net worth