Gov't transfers control over fuel sector to Energy Ministry

The Ministry of State Treasury will transfer supervision of power and fuel sectors to the Ministry of Energy, while the State Treasury will retain the control over bank PKO BP, insurer PZU, copper firm KGHM and chemicals group Azoty, the Polish Press Agency quoted Treasury Minister Dawid Jackiewicz. "In 10+ weeks, the supervision of power firms will be transferred to the Energy Ministry," Jackiewicz said, adding that the fuel sector will the next in the pipeline for the transfer. The Treasury Ministry will hold supervision over PKO BP, PZU, KGHM and Azoty, until it will be liquidated in 2017. Then, supervision of the firms will be transferred to a new agency.