KYIV, Feb 14 – The situation in Ukrnafta is under control, and the recent worsening of its financial indicators is linked to the crude oil price drop, Head of the supervisory board of the company, Executive Director of Naftogaz Ukrayiny Yuriy Vitrenko said.
"Instead of conducting market reforms, we have vestiges of the Soviet system when the government decides what the market price is," he said during the Countdown program on the UA:Pershyi TV channel on Thursday, explaining the problem with government-regulated pricing at Ukrnafta's auctions.
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