Bloomberg News

Korea East-West Power Buys 50,000 Tons of Fuel Oil From Mitsui

May 17, 2012

Korea East-West Power Co., a generating unit of Korea Electric Power Corp. (KEP:US), said it bought fuel oil from Mitsui & Co.

Details of the purchase are as follow:

----------------------------------------------------------------
Products:     Fuel oil
Quantity:     50,000 metric tons
Price:        $7.9 a ton premium over Singapore prices.
Sulfur:       Maximum 2.5 percent
Viscosity:    Maximum of 540 centistokes
Delivery:     May 21 to May 25
Port:         Ulsan
----------------------------------------------------------------

The oil’s centistoke rating is a measure of its viscosity, or flow rate, when heated.

To contact the reporter on this story: Winnie Zhu in singapore at wzhu4@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net


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Companies Mentioned

  • KEP
    (Korea Electric Power Corp)
    • $20.71 USD
    • 0.10
    • 0.48%
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