(Reuters) - Energy sector sources said last week the former French
colony had a maximum of eight days' fuel left to run its power
plants, meaning recent power cuts -- some already lasting up to
10 hours a day -- could reach "unprecedented" levels.
State electricity firm Senelec, hit by a cash crunch caused
by rising consumption and high fuel prices, owes local oil
companies more than 20 billion CFA francs and they
have said they will only deliver if paid up front.
Read more at Reuters.com Bonds News
colony had a maximum of eight days' fuel left to run its power
plants, meaning recent power cuts -- some already lasting up to
10 hours a day -- could reach "unprecedented" levels.
State electricity firm Senelec, hit by a cash crunch caused
by rising consumption and high fuel prices, owes local oil
companies more than 20 billion CFA francs and they
have said they will only deliver if paid up front.
Read more at Reuters.com Bonds News
No comments:
Post a Comment