The Committee on Regulation of Natural Monopolies fined JSC "Intergas Central Asia" and JSC "KazTransOil" for a total amount of about 10 million tenge

The Committee on Regulation of Natural Monopolies fined JSC "Intergas Central Asia" and JSC "KazTransOil" for a total amount of about 10 million tenge

According to the legislation on natural monopolies, a natural monopoly entity is obliged to fulfill the approved tariff estimate.

However, JSC "Intergas Central Asia" and JSC "KazTransOil" did not fulfill the approved tariff estimates for transmission and distribution services of the electric energy which is regarded as a violation of the above norm.

On this point, JSC "Intergas Central Asia" and JSC "KazTransOil" have been brought to administrative responsibility under part 4 of section 164 of the Codex of the Republic of Kazakhstan on Administrative Offenses with the imposition of a fine in the total amount of 9,801,600 tenge, which was paid by each entity in a reduced order of 2,450,400 tenge.