PRESS STATEMENT 1-2023August 14, 2023 FUEL PRICE CHANGES QUARTER 3 Pohnpei, Federated States of Micronesia – The Vital FSM Petroleum Corporation (“Vital FSMPC”) wishes to announce new prices of unleaded gasoline (ULP), diesel (ADO), and kerosene (DPK) which will be implemented in August 2023. This was determined after the review of global trends, domestic and...Continue Reading

PRESS STATEMENT 3-2022May 9, 2022 UPCOMING PRICE MOVEMENTS FOR WHOLESALE CUSTOMERS Pohnpei, Federated States of Micronesia – The Vital FSM Petroleum Corporation (FSMPC) wishes to adviseour valued wholesale, Authorized Reseller customers that there will be a minimum $0.60 per gallon increase implemented over the next three months if prices remain at current elevated levels. Each...Continue Reading

PRESS STATEMENT 2-2022April 28, 2022 SUCCESSFUL TRANSPORTATION OF ESSENTIAL WORKERS INTO THE FSM Pohnpei, Federated States of Micronesia – The Vital FSM Petroleum Corporation (“Vital”) takes this opportunity to thank His Excellency, President David W. Panuelo, the FSM National COVID-19 Task Force, the Pohnpei State COVID-19 Task Force, the FSM Maritime Working Group, the FSM...Continue Reading

PRESS STATEMENT 1-2022FEBRUARY 4, 2022 UPCOMING PRICE MOVEMENTS DUE TO CONSISTENTLY UPWARD TREND IN OIL PRICES SINCE MAY 2021 Pohnpei, Federated States of Micronesia – The Vital FSM Petroleum Corporation (“Vital”) takes this opportunity to advise its valued customers of three scheduled price movements in the coming months. Due to the consistently upward trend in...Continue Reading

September 21, 2021 UPWARD TREND OF INTERNATIONAL OIL PRICES CONTINUES BEYOND COVID-19 LEVELS Pohnpei, Federated States of Micronesia – The Federated States of Micronesia Petroleum Corporation (FSMPC) confirms that the second of three price movements scheduled for August, September and October 2021 has gone into effect Friday, September 10, 2021. This second price movement of...Continue Reading

July 23, 2021 CONSISTENTLY HEIGHTENED OIL PRICES LIKELY TO RESULT IN FURTHER PRICE MOVEMENTS The Vital FSM Petroleum Corporation (FSMPC) announces to its customers that a second series of price movements to its wholesale ARP prices (unleaded gasoline, diesel and kerosene) has been scheduled for the coming months of August, September and October. FSMPC confirms...Continue Reading

PRESS STATEMENT 4-2021June 2, 2021THIRD SCHEDULED PRICE ADJUSTMENT TO BE IMPLEMENTED IN JUNE Pohnpei, Federated States of Micronesia – The Vital FSM Petroleum Corporation (FSMPC) would like to confirm that a third price movement of +$0.15 per gallon on the wholesale price of unleaded gasoline (ULP) and diesel (ADO) will go into effect June 10,...Continue Reading

PRESS STATEMENT 3-2021April 5, 2021FSM FUEL PRICES TO RISE IN LINE WITH REGIONAL INCREASES The Vital FSM Petroleum Corporation (FSMPC) wishes to inform our valued customers of an upcoming increase in wholesale prices to the following fuel products: diesel (ADO), unleaded gasoline (ULP) and dual purpose kerosene (DPK). As advised in previous months, regional and...Continue Reading

PRESS STATEMENT 2-2021February 26, 2021REGIONAL AND INTERNATIONAL PRICES CONTINUE TO RISE Pohnpei, Federated States of Micronesia – The Vital Federated States of Micronesia Petroleum Corporation (“FSMPC”) confirms to its valued customers that, as forecasted in previous releases, the trend in international oil prices has continued on an upward trajectory. FSMPC Business Analyst Ms. Sancherina Salle...Continue Reading

PRESS STATEMENT 1-2021January 15, 2021INTERNATIONAL OIL PRICES CONTINUE TO RISE Pohnpei, Federated States of Micronesia – On behalf of Vital FSM Petroleum Corporation (FSMPC), Chairman of the Board of Directors Mr. Faustino Yangmog extends warm greetings to our valued customers as the nation welcomes in the New Year, and is pleased to confirm that, while...Continue Reading