Global FLNG Market to Surpass 30 'Bis' in the Next Decade. Mozambique to Be One of the Beneficiary Producing Countries

The market for Floating Liquefied Natural Gas (FLNG), a technology that involves the extraction, liquefaction and storage of natural gas directly at sea using specially designed floating facilities, has gained significant attention and momentum in recent years as a viable solution for the production, storage and transportation of natural gas.

New Private Investment Law "Will Make Economy More Attractive"

Among the new measures is a set of incentives that has been announced since August 2022 and which included the abolition of entry visas in Mozambique for 29 countries. As for the new law, the MIC highlights several innovations, ranging from the enunciation of the Social Responsibility of Investors to the establishment of investment regimes (mere registration or simplified regime and authorization regime).

There is also an article that provides for the reasoning of acts of rejection and others that regulate complaints, appeals and infringements. The law passed by Parliament on Thursday, May 4, had already passed through the Council of Ministers in March. At the time, the Executive highlighted that the general lines of the review reinforce the "principle of non-discrimination between domestic and foreign investors", emphasize the protection of the right to property and establish that expropriation "can only be based on the public interest"..