KIEV, Sept. 19 – Ukrainian Minister of Energy and Coal Industry Ihor Nasalyk and Chairman of CNBM International Corporation (China) Jinsong Zhang have signed a memorandum on cooperation in the energy sector.

According to the minister, the parties will be engaged in seeking new directions for realization of Ukrainian-Chinese cooperation to implement joint projects in energy, coal industry, energy infrastructure modernization. It is planned to expand the scope of CNBM's investment in modernization of power generation and electricity transmission equipment for a total of $2 billion.