The planned shutdown of some coal-fired power plants in South Korea will likely propel low sulfur fuel oil demand, which has already seen an increase due to stricter environmental rules in international shipping as well as the implementation of emission control areas in the country, industry sources said. Receive daily email alerts, subscriber notes & personalize your experience. Register Now South Korea plans to idle nearly 16 out of 60 coal-fired power plants for three months starting December, to help reduce air pollution. As a result, the country’s power companies would rely heavily on cleaner fuels like LSFO to generate power, an official at Korea Petroleum Association said. A total of 9 to 16 coal-fired power plants will be shut from Dec. […]