S.Korea's KOSPO seeks coal via spot, term tenders
SEOUL, May 19 (Reuters) - Korea Southern Power Co Ltd (KOSPO) is seeking steaming coal via spot and term tenders, the utility said on its website. (www.kospo.co.kr) The spot tender will close at 2 p.m. (0500 GMT) on May 23, and the term tender will close at 2 p.m. (0500 GMT) on May 25. The contractual period for the term tender is from August 2016 to December 2018, and the agency is seeking Colombian coal only. Details of the tenders are as follows: --Spot tender TONNES(M/T) SPECIFICATION(NCV) SHIPMENT SCHEDULE 296,000 min. 3,800kcal/kg July - Aug 2016 --Term tender (for the first year) TONNES(M/T) SPECIFICATION(NCV) SHIPMENT SCHEDULE 552,000 only 6,100kcal/kg 2H Aug - Dec 2016 * Note: NCV stands for Net Calorific Value. (Reporting by Rebecca Jang; Editing by Anupama Dwivedi)
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