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Home Extractive industry TAX STABILITY: MOZAMBIQUE TAKES A STEP AGAIN IN THE OIL EXPLORATION

TAX STABILITY: MOZAMBIQUE TAKES A STEP AGAIN IN THE OIL EXPLORATION

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ESTABILIDADE FISCAL: MOÇAMBIQUE VOLTA A DAR UM PASSO EM “CONTRA-MÃO” NA EXPLORAÇÃO PETROLÍFERA

It is becoming increasingly clear that Mozambique's negotiating position with large companies exploring mineral resources, especially oil, is weakened. On the one hand, due to the Government's anxiety to attract more companies to start the exploration of mineral resources, apparently in order to circumvent the cooling environment and/or slowdown in investments due, on the other hand, to the price crisis. raw materials in the international market, as well as a result of the economic and financial crisis that the country is experiencing following the discovery of hidden debts in 2016.

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