SEOUL, Sept 5 (Reuters) - Korea Western Power Co Ltd (WP) bought Australian steaming coal via spot and five-year term tenders that closed on Sept. 1, a source from the utility said on Monday.
Details of the purchase are as follows:
--spot tender
TONNES(M/T) PRICE(FOB/T)/SUPPLIER SHIPPING SCHEDULE
110,000 around mid-$67/CMS
1H November 2016
--term tender
TONNES/YR PRICE(FOB/T)/SUPPLIER CONTRACT PERIOD
330,000 around mid-$67/CMS
Nov.1,2016 - Feb.28, 2021