Korea Southern Power Co (KOSPO) is seeking 3 trillion to 3.7 trillion British thermal units (TBtu), or one cargo, of liquefied natural gas (LNG) for delivery in the first half of September, according to a tender issued by the company.

The company is seeking the cargo on a JKM-linked basis to be delivered between September 1-15. It is to be delivered to one of the Kogas-operated terminals in Incheon, Pyeongtaek, Tongyeong or Samcheok.

The JKM, or the Japan-Korea-Marker, is the LNG benchmark price assessment for spot physical cargoes in Asia.

The tender closes on July 15.
Source: Reuters