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Wednesday, 13 July 22
KOWEPO TO IMPORT 2.79 MILLION TONS OF LOW TO MEDIUM COAL
 COALspot.com: Korea Western Power Co., Ltd. (KOWEPO) has issued an International tender for Total 1360k MT of Min.4400 kcal/kg NCV coal and Total 1430k MT of Min.5000 kcal/kg NCV coal for five years from September 2022.
According to the Bid Notice No. KOWEPO-COAL-2022-LT-6,7 terms and conditions, the bidders are required offer 80k MT of 4400 NAR coal and 110k MT of 5000 NAR coal for September 2022 to October 20, 2022 loading.
LT6
Quality
Min. 4,400 kcal/kg NAR
Quantity
[CY1] 80kt × 1 cargo
[CY2 to CY 5] 320kt +/-10% per each year
Loading Schedule (CY1)
- Indonesian ports : 20 Aug - 10 Sep, 2022
- Australian & Canadian ports : 1-20 Sep, 2022
- RSA : 5 - 25 Sep, 2022
- Colombian ports : 1 - 20 Oct, 2022
* Not allowed from Russian ports
Loading Schedule (CY2- CY5)
1 January, 2023 - 31 December, 2026
LT7
Quality
Min. 5,000 kcal/kg NAR
Quantity
[CY1] 110kt × 1 cargo
[CY2 to CY 5] 330kt +/-10% per each year
Loading Schedule (CY1)
- Indonesian ports : September, 2022
- Australian & Canadian ports : September, 2022
- RSA : 20 Sep - 20 Oct, 2022
- Colombian ports : 20 Oct - 20 Nov, 2022
* Not allowed from Russian ports
Loading Schedule (CY2- CY5)
1 January, 2023 - 31 December, 2026
Price Basis
One single fixed price (USD) based on FOBT CY1. (CY2 ~ CY5) will be determined by mutual agreement of the buyer and seller.
Restriction
Chinese coal and Russian coal are not allowed to participate in this tender.
Procurement Method
International e-tender
Bid closing date
10:00 AM, 19 July, 2022 (KOWEPO Server’s Korea Standard Time). The Bid documents shall be submitted by designated e-mail (bidding@iwest.co.kr) not later than the bid closing date and time
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Saturday, 23 July 22
STABILITY OF RUSSIAN GAS FLOWS REMAIN UNCERTAIN, DESPITE THE REOPENING OF NORD STREAM - WOOD MACKENZIE
Gazprom confirmed today that regular annual maintenance of Nord Stream is officially over and gas flows restarted at 63 million cubic metres per da ...
Friday, 22 July 22
MARKET INSIGHT - INTERMODAL
Faced with uncertainty regarding the most cost-efficient alternative fuels and the future dominant method to reduce their greenhouse emissions, man ...
Friday, 22 July 22
YANCOAL AUSTRALIA CUTS 2022 COAL OUTPUT VIEW AS FLOODS, COVID BITE - REUTERS
Coal miner Yancoal Australia Ltd YAL.AX cut its 2022 output forecast on Wednesday, signalling a hit from higher-than-expected rainfall, COVID-19-le ...
Wednesday, 20 July 22
BOOST FOR BIOFUELS AS IMO REMOVES REGULATORY HURDLE - GARD
MARPOL Annex VI regulations were written for petroleum derived fuels but also apply to biofuels. It has been a challenge to meet the regulatory req ...
Wednesday, 20 July 22
INDONESIA’S COAL EXPORTS TO THE EU INCREASED SIGNIFICANTLY RECENTLY
European countries have increased coal imports from Indonesia due to the energy crisis that hit the region after Russia cuts gas exports to Europe. ...
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- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
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- Central Java Power - Indonesia
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- Economic Council, Georgia
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- Power Finance Corporation Ltd., India
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- Goldman Sachs - Singapore
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
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- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
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- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- London Commodity Brokers - England
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- PTC India Limited - India
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- Africa Commodities Group - South Africa
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- Ministry of Finance - Indonesia
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- Minerals Council of Australia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Metalloyd Limited - United Kingdom
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