KIEV, Dec. 24 – The cabinet has decided to peg the price of Ukrainian oil sold at auctions to the customs price of Russian oil imported to the country, the head of the state committee for regulatory policy and entrepreneurship, Oleksandra Kuzhel, told journalists.

"This is a unique decision. We've brought auction prices of oil to the market level, so the price won’t be but by those, who own controlling stakes at the auctions and it will be the price set by customs workers," she said.