KOSPO invites Bid for the supply of LNG from qualified suppliers on ITB(KOSPO-LNG-Bid Notice-2024-SPOT-01).
1. Bid No. : KOSPO-LNG-2024-SPOT-01 (International Open Bidding)
2. Requirements
1) Quality : 1,020 ~ 1,120 (Btu/Scf)
2) Quantity : As per Bidder's proposal, provide that a) low end and high end of the Quantity Range shall be within four hundred thousand (400,000) MMBtu range and b) high end of the Quantity Range shall not exceed three million seven hundred thousand (3,700,000) MMBtu.(Operational Tolerance±5%)
3) Delivery Window : one day indicated by Bidder within 7 ~ 15 November, 2024
4) Price : JKM linked Price (But Buyer may, at any time prior to and/or after selecting Preferred Bidder, request to convert JKM linked price to Fixed price.)
3. Qualification of the Bidder
- LNG suppliers, including LNG producers, portfolio sellers or traders with successful track record of supply of at least one (1) LNG cargo exceeding sixty thousand (60,000) Metric Tonnes (MT) to a KOGAS Terminal in the recent sixty (60) month period shall be able to participate in this bid.