Angola’s Oil Data Show $8.6 Billion Gap, Watchdog Says

Angola, the second largest crude producer in sub-Sahara Africa, has gaps in its 2008 oil accounts amounting to billions of dollars and millions of barrels, according to a London-based anti-corruption group.

There is an $8.55 billion discrepancy between data published by the ministries of finance and petroleum, said a report published today by Global Witness. Sonangol, the state oil company, issued a third amount that was between the two.