IP&E SUPPLIES FUEL TO THE MILITARY SEALIFT COMMAND IN SAIPAN AND OTHER VESSELS IN THE PACIFIC
IP&E’s commercial business further took off with its delivery of 248,000 gallons of fuel to the Military Sealift Command’s USNS Watkins and over 100,000 gallons of fuel to various navy and research vessels passing through the Pacific in June 2022. IP&E also supplied more than 2 million gallons of diesel fuel to the Guam Power Authority in April and May. On the retail side, IP&E captured 44% share of the market this 2022, an increase from 42% last year. Last November 2021, IP&E secured approval to be a retailer for the Supplemental Nutritional Assistance Program (SNAP) by the USDA, a program valued over US$100 million annually in Guam.