Dec 5, 2010

Watchdog calls for more transparent Angola oil sector



The role of Angola's state-owned oil firm, Sonangol should be scaled back and an independent regulator created to monitor Angola's energy industry, a corruption watchdog said.
London-based Global Witness called on President Jose Dos Santos' government to reduce the influence Sonangol wields in the southern African nation, and allow it to concentrate on generating income for the state from oil and gas.
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Source: Reuters

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