Mvua Kubwa Project - Tanzania's Premier LNG Development
The Oilbi LNG Project, named Mvua Kubwa Project (meaning "heavy rain" in Swahili) is a fully integrated liquefied natural gas development led by Oilbi Ltd. The project plans to develop offshore natural gas resources from Block 3R and construct an onshore LNG facility with an annual production capacity of 2.5 million tons.
This landmark project represents a significant step forward in Tanzania's energy sector development, positioning the country as a key player in the global LNG market.
To produce and export LNG to rapidly growing Asian and global markets with a focus on South Korea
To contribute to Tanzania's industrial growth, job creation, and technology transfer
To uphold international ESG standards throughout the project lifecycle
The plant will be located in Mtwara, a southeastern coastal region of Tanzania. Oilbi has already secured the site, and the location has strong potential due to integration with local facility and regional development initiatives.
State-of-the-art liquefaction facility with 2.5 MTPA capacity
Advanced monitoring and control systems for safe operations
Modern construction equipment and safety protocols
Expected strong returns from LNG production and export
Access to rapidly growing Asian LNG markets
Long-term stable returns over 25+ years
Oilbi holds exclusive rights to offshore blocks with 3.5 Tcf of proven and up to 36 Tcf of probable natural gas reserves
The plant site in Mtwara offers direct access to international shipping routes and proximity to growing Asian LNG markets
Targets collaboration with top Korean and global companies will bring world-class technologies and robust financing capabilities
Tanzania has a relatively stable political climate and actively pursues economic development plans
The project timeline presented here is an indicative estimate based on our best current assumption and planning. Actual schedules may be subject to change due to regulatory approvals, financing arrangements, partner selection, and other external factors beyond the company's control. Any material changes to the timeline will be promptly communicated through this website and official disclosure.