11 Ukrainian state coal mines may be closed, 15 - privatized

11 Ukrainian state coal mines may be closed, 15 - privatizedUkraine'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.

Read also: Coal stocks at Ukraine's thermal power plants shrink by 4.6%

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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