SEATTLE (Oil Monster): The Nigerian Federal Government has officially commissioned the Green Energy International Limited (GEIL) Otakikpo Onshore Crude Oil Export Terminal in Andoni Local Government Area, Rivers State — marking the country’s first indigenous crude export terminal in several decades. The facility is set to process and export crude oil produced within the region.
Speaking at the inauguration, President Bola Tinubu urged the Ogoni people to resolve any lingering issues swiftly and cooperate with the government to commence full crude oil production. He emphasized that the project will deliver significant economic benefits to both the local communities and the nation at large.
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President Tinubu further noted that earlier financial hurdles hindering the project’s progress have been resolved through the African Energy Bank (AEB), whose promoters have committed to meeting all financial obligations to ensure smooth operational take-off. The new terminal represents a major step toward unlocking the oil and gas potential of the Niger Delta region.
Designed to expand Nigeria’s crude export capacity, the GEIL Otakikpo Terminal is expected to ease pressure on existing terminals currently operating near full capacity and facing security-related risks.
The terminal boasts an initial storage capacity of 750,000 barrels, with provisions to expand up to 3 million barrels in the future. It also has an estimated pumping capacity of 360,000 barrels per day (bpd), positioning it as a strategic addition to Nigeria’s oil export infrastructure and energy independence efforts.
