KazTransGas Aimaq Found Guilty of Unfair Monopoly with Construction Firm
Photo: Agency for the Protection and Development of Competition
The national gas operator KazTransGas Aimak has been found guilty of collusion with the construction company GAS QURYLYS, according to the Agency for the Protection and Development of Competition, Orda.kz reports.
The two companies were found to have divided the market for gas connection services. In practice, all construction work was handed over to a single contractor — GAS QURYLYS LLP — effectively blocking other firms from entering the market.
Such actions violated consumers' rights. People were denied the legal right to freely choose a contractor to connect their homes to natural gas,the agency stated.
The court confirmed the agency’s findings. Although the companies appealed the decision, the Supreme Court ultimately upheld the ruling.
GAS QURYLYS LLP, based in Astana, specializes in construction and has paid nearly four billion tenge in taxes since 2015. Its founder is Damir Tynybekov, who also owns several other companies, including SpetsgazMontazh and Baitak Kurylys.
The latter obtained rights to explore mineral resources in the Aqtobe region two years ago.
As of January 1, 2022, Tynybekov held the position of Deputy General Director for Economics and Finance and was a board member of Amangeldy Gas LLP, a subsidiary of QazaqGaz.
Original Author: Zarina Fayzulina
Latest news
- Defense Ministry Explains Drone Crash In Zhambyl Region
- Kazakhstan Refuses To Ease Access To Hazardous Work Payments
- Almaty Metro To Replace Korean-Controlled System After Technical Failures
- Fewer Kazakhstanis Work Outside Their Home Regions
- Safety Violations Cited As Possible Cause Of Kazzinc Plant Explosion
- Tenge Weakens Five Percent In May As National Bank Reports No Interventions
- New Direct Flights From Kazakhstan To Warsaw, Izmir, And Larnaca
- Kazakhstan Clarifies Position On Possible Iranian Uranium Storage
- EU Politicians Eye Kazakhstan And Uzbekistan As Possible Sites For Migrant Return Centers
- Kazakhstanis Are Leaving The Regions For Megacities
- Kazakhstan Could Store Iranian Uranium If US-Iran Nuclear Deal Is Reached
- Kazakhstan’s EV Boom Is Here. Is The Grid Ready?
- Cyprus President To Make First Official Visit To Kazakhstan
- Kazakh Investors May Gain Remote Access To Armenian Stock Market
- Call Center In Ukraine Scammed Kazakhstanis By Posing As Banks And Police
- Kazakhstan Marks Day Of Remembrance For Victims Of Political Repression And Famine
- Kazakhstan Considers Molecular Markers To Track Fuel Supply Chains
- Tengiz Oil Production Gradually Restored After Operational Failure
- Tokayev Meets Cuban Vice President To Discuss AI And Medicine
- Karaganda Zoo Shows Newborn Amur Tiger Cubs For The First Time