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Eskom CEO Optimistic Load-Shedding Won't Extend to Next Week

SOUTH AFRICA
  • Eskom CEO De Ruyter says he remains cautiously optimistic that load-shedding will not continue next week
  • Says there are a number of very large units set to come online in the near-term that should help offset risks
  • "We are in the process of procuring additional diesel to fuel our emergency reserves and we should therefore be in a good position next week.
  • However, as we all have learned by now, the Eskom system is unreliable, it is not predictable, so there is always a residual risk that unfortunately remains"
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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