The Otakikpo Onshore Crude Oil Export Terminal in Rivers State is set for its official commissioning by President Bola Ahmed Tinubu on October 8, 2025.
The terminal, developed by Green Energy International Limited (GEIL), operators of the Otakikpo field PML 11 in Ikuru town, Andoni Local Government, marks a historic milestone as the first onshore crude oil export terminal built entirely by a Nigerian company in the last five decades. The previous terminal, Forcados, was commissioned in 1971.
A statement by GEIL confirmed that Governor Siminalayi Fubara, federal officials, and key stakeholders from the oil and gas sector, led by the Honourable Minister of State Petroleum (Oil), Senator Heineken Lokpobiri, will attend the inauguration.
Mr Olusegun Ilori, Executive Director of Legal and Corporate Services at GEIL, explained that the terminal’s completion aligns with President Tinubu’s agenda to boost oil output and addresses a longstanding challenge in the sector.
“Evacuation challenges have long hindered Nigeria from achieving the Federal Government’s target of three million barrels per day. The Otakikpo terminal provides a lifeline to over 40 stranded oil fields, unlocking millions of barrels previously trapped in wells,” Ilori said.
The $400 million terminal features an initial storage capacity of 750,000 barrels, expandable to three million barrels, and a loading capacity of 360,000 barrels per day. The facility is also expected to support government efforts to reduce production costs across the industry.
Professor Anthony Adegbulugbe, Chairman and CEO of Green Energy and chief host of the commissioning event, described the terminal as a transformative project.
“What we have achieved here is not just a storage solution, but a game-changing national infrastructure that has opened a new pathway for about 40 stranded oil fields to finally contribute to the economy,” he said.
The commissioning of the Otakikpo terminal is being hailed as a turning point for indigenous capacity in Nigeria’s oil and gas sector, signaling renewed opportunities for local companies and increased oil production efficiency.
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