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Kazakhstan coal mining companies included in list of monopolies
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Friday, 14 Aug 2009
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Kazakhstan Today reported that a number of coal mining companies of Kazakhstan have been included into the list of monopolists. Such decision was made at the meeting of the Agency for Competition Protection.

According to the press service, in connection with the coming cold season and influence of the price of coal on utilities by the antimonopoly body, the analysis of the market of coal has been done, taking into account the conclusion of the Department of Energy and Mineral Resources of Kazakhstan and the decision of Supreme Court of Kazakhstan.

Following the results of the analysis, the board made the decision on inclusion into the state register of subjects of the market coal-mining companies occupying dominating or a monopoly position for the purpose of elimination of possible abuse by coal companies of delivery of coal for generators of thermal and electric energy.

These are such companies, as Open Company Bogatyr Komir, Open Company Karazhyra and also JSC Eurasian Power Corporation, JSC Shubarkol Komir and Open Company Maykuben-Vest, UD Borly and Open Company Corporation Kazahmys.

(Sourced from Kazakhstan Today)

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