Green Energy Commissioned $400 Million Otakikpo Onshore Export Terminal

Green Energy International Limited (GEIL) has inaugurated the Otakikpo Onshore Crude Oil Export Terminal, a $400 million facility widely regarded as Nigeria’s first wholly indigenous onshore export terminal in over 50 years. This detail was confirmed via a statement shared on X by the President’s Special Adviser on Energy, Olu Verheijen.

Verheijen praised the project as a landmark achievement, highlighting the technical sophistication and local capacity that drove its completion. She extended congratulations to key individuals and stakeholders who supported the endeavour.

The terminal is expected to provide a direct export route for crude, reducing dependence on older infrastructure and alleviating bottlenecks in oil evacuation. Reports indicate the facility includes initial storage and loading capacity, with room for expansion to serve multiple fields.

Earlier in May, the presidency announced that Nigeria had attracted over $8 billion in investments in deepwater and gas projects within a year, reflecting growing confidence in the country’s upstream potential.

The Otakikpo terminal moves Nigeria closer to achieving self-reliance in oil export infrastructure and promises to open access for dozens of fields currently constrained by export logistics.