The floating platform for natural gas exploration in Cabo Delgado province has brought many expectations among local entrepreneurs who are already thinking about creating business centers to also welcome entrepreneurs from other parts of the country.

According to the president of CTA - Confederation of Economic Associations of Mozambique in Cabo Delgado, Mamudo Irache, infrastructures may be set up to rent to entrepreneurs interested in doing business on the platform circuit. "As local entrepreneurs, we have a lot of expectation".

The National Petroleum Institute informed earlier this week that the floating platform for the exploration of liquefied natural gas is already in Mozambique and will be installed in Area 4 of the Rovuma Basin, in Cabo Delgado Province.

The platform has storage tanks on the hull and 13 modules above them, including a liquefaction plant, an eight-story module where 350 people can live, and a helicopter pad.

Area 4 is operated by Mozambique Rovuma Venture, a joint venture co-owned by ExxonMobil, Eni and CNPC (China), which holds a 70% participating interest in the concession contract.