14:55 27.07.2016

Groysman proposes to discuss, approve coal sector restructuring plan in Aug

1 min read
Groysman proposes to discuss, approve coal sector restructuring plan in Aug

Ukrainian Prime Minister Volodymyr Groysman has proposed to discuss the program to reform the coal sector at the next meeting of the governmental committee and approve it in August.

"The strategy should be created and proposed to the government… Let discuss and approve it in August and understand what financing is required. That's all. We will find mechanisms for solving the issue," he said at a government meeting on Wednesday.

The prime minister said that government secured financing could be raised for the program.

"Let's make the government-secured coalmine restructuring program. This should be made urgently… The government should take a political decision. I then will find one hundred and one mechanisms for financial support of modernization and restructuring of coal mines. This should be done once and then we can move on," Groysman said.

In May 2016 Ukrainian Energy and Coal Industry Minister Ihor Nasalyk said announced the proposal to liquidate 11 state-run coalmines, bring to breakeven 15 coal mines and put them up for sale.

He said that liquidation of coal mines will be accompanied by social programs for mines. Cooperation with the British adaptation program has started.

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