Thursday, March 14, 2013

A Dark Hot Summer is Ahead

Rolling blackouts are back, people all over the city reporting electricity blackouts, and its only the second hot day this year. The country is already suffering from this crushing diesel outage and its impacting all facets of life, and now as it seems we are heading towards a gas shortage induced electricity outage.

The diesel outage which is impacting all facets of our lives started around a month ago slowly getting worse, already there are 10s of cars queuing up for any gas station that has diesel, the real problem is that this country is running over diesel. The entire logistical system runs on diesel and now we raw materials and merchandise are stuck where they are. The future looks even more grim when you realize that farms actually run on diesel as well. sowing machines, water pumps and even tractors, everything runs on diesel. The 3 ministries responsible for power are playing a blame game with one another each pointing at the other claiming their responsibility, while in reality its a matter of lacking the funds needed to import the required diesel. Simply speaking we don't have the money needed to keep this country running.

Natural gas requires a lot of time to import, it takes 4 or 5 months. On January we were supposed to import the gas needed for this summer, that didn't happen, the direct result is that we don't have the gas needed to run the electricity stations during this summer. The reason is mainly lack of foreign currency and the fact that since our credit classification was lowered several times over the last 2 years, and now we need to pay in advance. We are out of money, out of gas and out of diesel. Over the next few months I believe its only going to get a lot worse during the next summer.


A dark long summer is a head of us, the question is whether we'd be able to survive it.