19-06-2018

S.Korea’s KOMIPO buys 500,000 T/Y of coal for 2018-2022

Korea Midland Power Co Ltd (KOMIPO) bought 500,000 tonnes per year of bituminous coal via a four-year term tender that closed on Friday, a source from the utility said on Monday.

The source declined to provide price and seller information.

Other details of the purchase are as follows:

    TONNES/YR   SPECIFICATION (NCV)   CONTACT PERIOD
      500,000   min. 4,600 kcal/kg    Sep 2018-Dec 2022

* Note: NCV stands for Net Calorific Value.
Source: Reuters

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