– with the Guam Power Authority for three years to deliver 8 million barrels … securing its position as a long-term cooperation partner –

 

Hyundai Corporation signed a three-year contract extension to supply heavy fuel oil for power plants with Guam Power Authority (hereafter referred to as GPA) worth $ 560 million (about 664.5 billion won).

 

Hyundai Corporation had a contract extension signing ceremony to provide fuel oil, with the presence of important figures, including Chung Mong-hyuk, president of Hyundai Corp., Joseph Duenas, chairman of Guam CCU and Melinda Camacho, GPA assistant general manager of operations in the headquarters of GPA at 10 am local time on the 20th. The contract period is from September 2015 to August 2018, and the quantity supplied is a total of 8 million barrels.
Since the conclusion of the contract to supply fuel oil for power plants with GPA for the first time in August 2013, Hyundai Corporation has provided about 6 million barrels of fuel oil stably for two years. By signing the three-year contract extension for long-term supply of fuel oil, Hyundai Corporation has made its position more secure as a long-term partner for cooperation with GPA. End.