Angolan Oil Company's Accounts Approved

Luanda — The accounts of the state Angolan Oil Company (Sonangol) were homologated on Monday with reserves by the Ministry of Economy, in an act chaired by the incumbent minister, Abraão Gourgel, Angop has learnt.

This is the second time the Ministry approves the accounts of public firms, meant to normalise their management, so as to contribute effectively to the production and diversification process of the Angolan economy.

On the same occasion, it was homologated various public companies from several sectors, totalling 29, out of 54 firms that presented their reports and accounts in 2012.

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