SEOUL – At least two South Korean power companies have signed contracts for 1,25 million tonnes of South African coal in 2008 from more than one supplier, industry sources said yesterday.
State-run Korea South East Power Corp (KOSEP) has renewed its contract for 500 000 tonnes of South African coal, a company source said, while declining to confirm the price and suppliers. Korea Western Power Co (KOWEPO) has also signed a contract for 750 000 tonnes from different suppliers, another industry source said.A trading source said that South Korean power generators are set to sign contracts for a total 1,5 million tonnes of South African coal for next year at a price of about US$65,00 a tonne.Nampa-ReutersKorea Western Power Co (KOWEPO) has also signed a contract for 750 000 tonnes from different suppliers, another industry source said.A trading source said that South Korean power generators are set to sign contracts for a total 1,5 million tonnes of South African coal for next year at a price of about US$65,00 a tonne.Nampa-Reuters
Stay informed with The Namibian – your source for credible journalism. Get in-depth reporting and opinions for
only N$85 a month. Invest in journalism, invest in democracy –
Subscribe Now!
