Security Council threatens oligarchs’ energy monopolies with state governance

The National Security and Defense Council (NSDC) is ready to introduce temporary state administration at eight regional energy companies if their monopolies threaten the energy market, NSDC Secretary Oleksiy Danilov said on July 30.

“We see signs of monopolization in this market,” Danilov said during the briefing, “and in the event of a threat to national security under this decision, we are considering the introduction of temporary administration.”