SEOUL, Jan 2 Korea Western Power Co Ltd (WP) has
bought a combined 60,000 tonnes of high sulphur fuel oil for
arrivals in January via tenders closed on Dec. 31, 2012, a
source from the utility said on Wednesday.
The utility bought 30,000 tonnes from Samsung C&T Corp
at $670.80 per tonne on a cost and freight (CFR)
basis, the source said.
It purchased another 30,000 tonnes from Vitol at
a premium of $27.88 per tonne over Singapore spot prices, also
on CFR basis, the source added.
Details of the arrivals are as follows:
TONNE SUPPLIER ARRIVAL/PORT
30,000 Samsung C&T Corp Jan 17-21, 2013/Pyeongtaek
30,000 Vitol Jan 27-31, 2013/Pyeongtaek
(Reporting By Eunhye Shin; Editing by Prateek Chatterjee)