SEOUL, Nov 30 (Reuters) - Korea East-West Power Co Ltd (EWP) KEPCOE.UL bought 390,000 tonnes of Australian coal via a term tender closed on Thursday, a source from the utility said on Monday.
Details are as follows (for the first contract year):
TONNES/YR SPECIFICATION(NCV) SUPPLIER
PRICE(FOBT)
390,000 min. 5,300 kcal/kg Glencore (L:GLEN) Int'l AG $43-$44
GLEN.UL
* Note: NCV stands for Net Calorific Value. The contract period runs from February 2016 through June 2020.