Market dynamics and a failure to plan ahead in accordance with a demand forecast form part of some of the reasons Eskom finds itself paying more for diesel.
‘Unfortunately, the market is what it is – it will punish you when you come erratically’: PetroSA trading executive Vusi Xaba, accompanied by acting group CEO Sandisiwe Ncemane, explains why Eskom has to pay above-market prices.
PetroSA acting CEO Sandisiwe Ncemane says its investigating reinstating the Mossel Bay gas-to-liquids plant and that gas definitely has a role to play in solving SA s energy crisis.