Economic Calendar

Friday, February 27, 2009

Korea East-West Power Seeks 72,000 Tons of Fuel Oil for April

Share this history on :

By Yuji Okada

Feb. 27 (Bloomberg) -- Korea East-West Power Co., one of the six generating units of Korea Electric Power Corp., is seeking to buy between 30,000 metric tons and 72,000 tons of medium-sulfur fuel oil for delivery in April, said an official who asked not to be identified because of company policy.

The table below gives details of the purchase.


-----------------------------------------------------------
Products: 540-Centistoke fuel oil
Sulfur: Maximum 2.5 percent
Quantity: 30,000-72,000 metric tons
Delivery: April 6-10
Port: Ulsan thermal power plant
Offers Close: 2 p.m. on March 6 Korean Time
-----------------------------------------------------------

The oil’s centistoke rating is a measure of its viscosity, or flow rate, when heated. Fuel oil with a higher centistoke rating has a slower flow rate.

To contact the reporter on this story: Yuji Okada in Tokyo at yokada6@bloomberg.net




No comments: