Concept of creating common energy market in EEU will be adopted in May

ASTANA. KAZINFORM - The concept of creating a common energy market of the EEU will be adopted in May current year, this has been announced by Energy Minister Vladimir Shkolnik at today's meeting in the Majilis.

photo: QAZINFORM

He also recalled that under the agreement on the Eurasian Economic Union the member-states will start the formation of the common energy market in 2019. "The concept of creating a common energy market of the EEU will be adopted in May current year," he said. During the round table the Minister added that over 6 years of the implementation of the program on maximum tariffs, annual investment in the electric-power industry increased by 5 times and amounted to about 700 billion tenge.