Korea East-West Power Buys 50,000 Tons of Fuel Oil From Mitsui

Korea East-West Power Co., a generating unit of Korea Electric Power Corp., said it bought fuel oil from Mitsui & Co.

Details of the purchase are as follow:

Products:     Fuel oil
Quantity:     50,000 metric tons
Price:        $7.90 a ton premium over Singapore prices.
Sulfur:       Maximum 2.5 percent
Viscosity:    Maximum of 540 centistokes
Delivery:     May 21 to May 25
Port:         Ulsan

The oil’s centistoke rating is a measure of its viscosity, or flow rate, when heated.

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