11:57 26.05.2016

Energy Ministry suggests eliminating 11 state coal mines, privatizing 15 coal mines

1 min read
Energy Ministry suggests eliminating 11 state coal mines, privatizing 15 coal mines

Ukraine's Ministry of Energy and Coal Industry within the coal industry reform program suggests elimination of 11 state-owned coal mines. Seven promising coal mines will be retained by the state as a basis for the country's energy security, Minister Ihor Nasalyk has said.

"15 mines can be break-even or see profits. Then we will put them for privatization," Nasalyk said at the Energy Spring congress 2016 in Kyiv on Thursday.

Nasalyk stressed that the elimination of mines would be accompanied by social programs for miners. The cooperation with the British adaptation program had already started for this purpose.

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