Tan mobilizing in Palau Saipan corporation buys gas co. assets

Tan Holdings Corp. is purchasing the assets of Mobil Oil Micronesia Inc. in Palau. Kamal Singh country manager for Mobil Oil Guam Inc. Mobil Oil Mariana Islands and Mobil Oil Micronesia Inc. told the Journal "Specifically MOMI has reached agreement with Tan Holdings Corp. in relation to the sale of Mobil's terminal aviation and marketing assets in Palau and ongoing fuel supply to Palau."" Mobil will therefore continue to provide petroleum products as part of the contract with Tan Holdings.Aside from its other interests there Mobil has nine service stations and marinas in Palau and about 15 employees . . .

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