The U.S. Defense Logistics Agency (DLA) Energy awarded a $17,996,008.80 fixed-price delivery order contract to S-Oil Corporation, a major South Korean oil refiner, for the supply of distillate naval fuel (F76) to support U.S. military operations in South Korea. This contract, awarded on December 23, 2024, is part of S-Oil's broader portfolio of indefinite delivery vehicle (IDV) contracts with DLA Energy, which have a cumulative value exceeding $1.5 billion. These IDVs enable DLA Energy to issue multiple task orders for various petroleum-based fuels, including turbine fuel aviation (JP5 and JA1) and distillate naval fuel, to meet the Department of Defense's global energy requirements. The contract has an ultimate completion date of January 14, 2025 and does not have a small business set-aside designation, reflecting S-Oil's competitive capabilities in the defense fuel supply market.
Generated 3/24/25, 9:50 AM