Monday, March 4, 2024

WUC loses P50m/month because of BCL closure

The Minister of Mineral Resources, Green Technology and Energy Security Sadique Kebonang on Monday confirmed to Parliament that the liquidation of BCL mine has affected Water Utilities Corporation (WUC) in terms of revenues.

Kebonang was answering a question from Member of Parliament for Selibe Phikwe West Dithapelo Keorapetse who asked whether the liquidation of the mine has  had any impact on WUC revenues.

Keorapetse’s supplementary question was a follow up to his main question where he asked the Minister to state the quantities and value in Pula terms of water usage or consumption by BCL per annum.

Kebonang said there was no point in arguing whether BCL liquidation had affected WUC revenues because it is for a fact that WUC is affected.  WUC is also one of the BCL creditors.

According to statistics provided by Kebonang, in 2015 BCL used or consumed 3,566,808 m3 of water from WUC at a price of P 49m. From January this year up to 9th October BCL had already consumed 2,307,654 m3 of water supplied by WUC. The cost of the consumed water is at P 36,621,728.16.

Keorapetse further asked the Minister to state the types, quantities and value in pula terms of petroleum products used by BCL per annum before liquidation and where the petroleum products were procured.

The statistics provided by Kebonang shows that in 2015 BCL procured Diesel Low Sulphur, Diesel Furnace, Petrol unleaded and Hydraulic oil from Puma Energy Botswana at a total cost of P 97m per annum.

In January 2016 up to 9th October 2016 BCL mine procured the same petroleum products from four different companies namely; Puma Energy Botswana, Vivo Energy Botswana, Kwa Nokeng Oils Botswana and M&S Petroleum Botswana at a total cost of P 43, 541,356.20.


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