Bloomberg News

Korea East-West Power Seeks to Buy Fuel Oil for Delivery in July

June 08, 2012

Korea East-West Power Co., one of the generating units of Korea Electric Power Corp. (KEP:US), is seeking to buy 100,000 metric tons of fuel oil for delivery in July, according to a notice e-mailed to potential sellers.

Details of the company’s planned purchase are as follow:

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Products:     Fuel oil
Quantity:     2 x 50,000 tons
Sulfur:       Maximum 2.5 percent
Viscosity:    Maximum of 540 centistokes
Delivery:     July 8 to July 12 and July 21 to July 25
Port:         Ulsan, cost and freight (CFR)
Offers Close: June 15, 2 p.m. Korea time
----------------------------------------------------------------

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

To contact the reporter on this story: Ramsey Al-Rikabi in Singapore at ralrikabi@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)
    • $19.65 USD
    • 0.68
    • 3.46%
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