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Korea East-West Power Seeks Fuel Oil for Dec.-Jan. Delivery

Korea East-West Power Co., one of the six generating units of Korea Electric Power Corp., plans to buy as much as 80,000 metric tons of medium-sulfur fuel oil for delivery between Dec. 27 and Jan. 6, according to a tender document, a copy of which was obtained by Bloomberg News.

The table below gives details of the purchase.

Products:     Fuel oil
Sulfur:       Maximum 2.5 percent
Viscosity:    Maximum 540-centistoke
Quantity:     30,000-80,000 metric tons
Delivery:     Dec. 27-Jan. 6
Port:         Ulsan thermal power plant
Offers Close: Dec. 9, 2 p.m. 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.

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