Luanda, ANGOLA, May 10 - The national state-owned Oil Company Sonangol said Friday in Luanda that there is sufficient stock for the country's needs, which will intensify communication with state agencies and contribute to the regular supply of its products.,

Speaking to journalists after being sworn in by the President of the Republic, João Lourenço, the new president of the Board of Directors of Sonangol, Sebastião Gaspar Martins, said that the company will maintain the bet on oil exploration, production, distribution and refining crude oil and gas.

Sebastião Gaspar Martins, who replaces Carlos Saturnino, admitted that the price of diesel and gasoline could be readjusted as soon as the agreements between the company and the executive were concluded.

The manager did not advance dates for its completion, but acknowledged that fuel subsidies have been detrimental to the company's coffers.

At present, the price of a liter of gasoline is 160 Kwanzas and, before the rise in January 2016, it was traded at 115 Kwanzas.

Diesel is marketed by 135 kwanzas, against the 90 kwanzas previously.

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