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 - where Oilbi holds 100% exploration and operating rights - and construct an onshore LNG facility with an annual production capacity of 2.5 million tons. Initial production is targeted for early 2031, with operations planned over a 26-27 year period.
An architectural rendering of an LNG plant designed by Baker Hughes in 2020.
With the signing of the PSA scheduled for 2025 as the official beginning, the project will move forward in stages according to the detailed plan that has already been established, and the target is to begin initial LNG production in early 2031.
Project Name: Mvua Kubwa (Heavy Rain)
Estimated Project Cost: Requires an investment of several billion dollars.
To produce and export LNG to rapidly growing Asian and global markets with a focus on South Korea, leveraging strategic partnership with leading Korean companies.
To contribute to Tanzania's industrial growth, job creation, and technology transfer, while upholding international ESG standards.
