Eskom has spent R4bn on diesel so far in 2022

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Eskom has spent R4bn on diesel so far in 2022
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To keep the lights on and avoid having to resort to higher stages of load-shedding, the utility has spent twice as much on diesel than it budgeted for

Eskom workers protest over salary increases outside the Lethabo Power Station in the Free State. Picture: ZIPHOZONKE LUSHABA

The overspending on diesel was partly due to Eskom having to consume more diesel than expected to avoid load-shedding, but also due to high global crude prices, Eskom CEO André de Ruyter said at a media briefing on Friday. Diesel reserves, he said, were being depleted quickly, especially at Ankerlig, where diesel is replenished via road, but there was a vessel due to deliver fuel that will arrive only at the weekend.

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