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Gulp! Eskom fears it will ‘run out of funds’ to pay for diesel

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TDPel Media

Not content with putting us back into load shedding for the rest of the week, Eskom have also revealed their existential fears about the unfolding crisis in Ukraine – with one senior official noting that the utility could be priced out of buying diesel. This would have a catastrophic impact on Mzansi… Eskom concerned about rising diesel costsEskom’s diesel reserves are already running low, and replenishing the stock doesn’t come cheap at the best of times. Russia’s invasion of Ukraine is having some enormous global consequences already, and it has sent the price of crude oil through the roof. …

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