News: S.Korea's KOMIPO buys 125,000 T coal for Q4

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    SEOUL, Aug 29 (Reuters) - Korea Midland Power Co Ltd (KOMIPO) bought 125,000 tonnes of Australian bituminous coal via a tender that closed on Aug. 25, while declining to purchase another 125,000 tonnes from Colombia due to low participation, a source from the utility said on Monday.

    It is not decided whether it would reissue a tender to seek Colombian-origin coal, the source added.

    Details of the Australian coal purchase are as follow

    TONNES(M/T) SUPPLIER DISCOUNT(FOB/T) SHIPPING SCHEDULE

    		125,000  Glencore   -$1.7			Q4 2016                    
 
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