The commissioning of the Otakikpo Crude Oil Export Terminal, owned and operated by Green Energy International Limited, is the first fully indigenous onshore terminal in over 50 years, and marks a new chapter for Nigeria’s upstream oil and gas sector. The Chairman of Green Energy International Limited is Prof Anthony Adegbulugbe.
Fast Facts about Otakikpo Terminal
• Storage Capacity: 750,000 bbl (expandable to 3 million)
• Pumping Capacity: Up to 360,000 bpd
• First Export: June 2025
• Volume Exported: 1+ million barrels
• Stranded Fields Benefiting: 40+
• Reserves Unlocked: 3+ billion barrels
• Service four categories of upstream Investors. Trucking, Barging, and Pipelines of 20km and 40km
• Project’s first phase estimated to cost 400 million Dollars
• The terminal is located in the marginal fields OML 11
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