Ver Angola

Energy

Sonangol guarantees fuel availability and denies price increase

The state oil company Sonangol guaranteed this Wednesday the availability of fuel in the country and added that the large influx to the stations was due to false information about a rise in prices.

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"The large influx to gas stations in recent days was triggered by false information circulated in different media, suggesting a supposed rise in fuel prices in the coming days," Sonangol stressed in a statement.

The company says the information was released with the "purpose of generating disturbances to the normal functioning of distribution" and price speculation, appealing to calm and common sense and the denunciation of the authors of the same "which only aim to destabilize the calm reigning in the market, with inconfessed purposes.

Sonangol admits, however, that in some regions of the country heavy rains pose supply difficulties, especially in the provinces of Lunda Norte, Lunda Sul and Moxico.

The oil company, however, ensures "maximum commitment to ensure fuel availability," with increased road and rail transport capacity.

A fuel storage center in Saurimo (Lunda Sul) is also at an advanced stage of construction.

The company adds that it is aligned "with the defense and security agencies in order to eliminate remaining smuggling hotspots that substantially affect fuel availability, especially in the northern and eastern border areas of the country.

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