SEOUL, Nov 27 (Reuters) - Korea Midland Power Co Ltd (KOMIPO) bought a total of 1.3 million tonnes of coal via two-year term tenders that closed on Thursday, a source from the utility said on Monday.
The source declined to provide price and seller details. Other details of the purchase are as follows:
TONNES/YR
SPECIFICATION (NCV)
ORIGIN
500,000
min. 5,700 kcal/kg
Australia
250,000
min. 5,700 kcal/kg
Australia
300,000
min. 5,100-5,400 kcal/kg
Australia
250,000
min. 5,100-5,400 kcal/kg
U.S.
*Note: NCV stands for Net Calorific Value, and the contract period is from 2018 to 2022.