/ 14 May 1999

FUEL RISES 50% IN ANGOLA

THE price of a litre of petrol and other fuels rose by almost 50% in Angola on Friday from 1,9-million to three million new kwanzas. The US dollar buys around 1,8-million new kwanzas. Angola produces 300000 barrels a day of crude oil and hopes to increase output to one million by next year.