Vital - Energy for Life
History

2008

Formation of Vital FSM PetroCorp.

2009

Established Pricing Policy Framework to stabilise domestic prices.

2010

$8MM Asset Rehabilitation Program.

2011

5-Year Strategic Action Plan with Vision and Mission.

2012

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

2013

• 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.

2014

PL18-68 enacted and Vital Coconut Development Unit established.

2016 – 2025

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