Korea Southern Power Co (KOSPO) is seeking a cargo of liquefied natural gas (LNG) for delivery in February, according to a tender issued by the South Korean company.
KOSPO is seeking the cargo on a JKM-linked basis, to be delivered on Feb. 6-12 on a delivered ex-ship (DES) basis to one of the Kogas-operated terminals in Incheon, Pyeongtaek, Tongyeong and Samcheok in Korea.
The JKM, or the Japan-Korea-Marker, is the LNG benchmark price assessment for spot physical cargoes in Asia.
The tender closes on Nov. 13.
Source: Reuters (Reporting by Emily Chow; Editing by Eileen Soreng)