Minister of Energy and Coal Industry claims investing in mines will allow to increase the production of domestic coal

Investing in a coal mining industry will boost the production of domestic coal. This was stated by Minister of Energy and Coal Industry of Ukraine Ihor Nasalyk during A Question Time at the Verkhovna Rada of Ukraine.

Commenting on the issue of reforming the coal industry, the Minister stressed the necessity of the creation of the National Coal Company of Ukraine. "This is the only key to retrofitting the coal industry in our country," he emphasized. "The National Joint-Stock Coal Company will allow to completely differentiate the production process," underscored the Minister.

He also placed an emphasis on the fact that the current Government for the first time in recent years has allocated funds for the modernization and technical re-equipment of mines. This activity aimed to increase coal production will be continued next year. "By investing in the mines, we will fulfill the obligations that have been assumed," noted the Minister. In this way, the Government is taking steps to reduce its dependence on anthracite coal.