Green Energy International Limited (GEIL) has marked a historic milestone in Nigeria’s oil and gas sector with the successful launch of the Otakikpo Onshore Crude Oil Export Terminal. This landmark $400 million project is celebrated as the first wholly indigenous onshore crude export terminal built in Nigeria in over five decades.
With the Otakikpo Onshore Crude Export Terminal, Green Energy International has set a new standard in indigenous oil and gas development, making it a deserving recipient of accolades as a local content champion and a harbinger of Nigeria’s energy future.
Led by Professor Anthony Adegbulugbe, GEIL exemplifies visionary leadership and technical strength, bringing world-class energy infrastructure to fruition in under two years. The terminal, situated within the Otakikpo marginal field in Rivers State, boasts an initial storage capacity of 750,000 barrels with future expansion plans targeting three million barrels. It features pumping capabilities of 360,000 barrels per day for loading export tankers, providing critical crude evacuation capacity designed to accommodate up to 250,000 barrels per day.
This pioneering facility addresses a strategic need by unlocking more than 40 nearby stranded oil fields with reserves estimated at over three billion barrels of oil equivalent. The Otakikpo terminal enhances Nigeria’s oil logistics, reducing reliance on offshore terminals and supporting President Bola Ahmed Tinubu’s administration’s efforts to revitalise the Ogoni and Opobo oil fields, which have been underdeveloped for more than 30 years.
The project, representing the first privately developed onshore crude export terminal by an African operator, signifies a major investment exceeding $400 million in its initial phase, with the full development cost expected to surpass $1.3 billion.
GEIL, under the visionary leadership of Professor Anthony Olusegun Adegbulugbe, an esteemed academic and energy planning specialist, has a distinguished career spanning decades. He serves as the current chancellor of Joseph Ayo Babalola University in Osun State and was a special adviser on energy to former President Olusegun Obasanjo. He was also chairman of Nigeria’s National Gas to Power initiative and contributed to the UN Intergovernmental Panel on Climate Change (IPCC) reports that won the 2007 Nobel Peace Prize. Adegbulugbe is renowned for shaping Nigeria’s energy policy and advancing climate-conscious energy solutions.
Professor Adegbulugbe’s dual role as chairman and CEO of Green Energy International brings a unique blend of scholarly excellence and practical industry leadership. His long history of energy policy contributions and advocacy for indigenous energy solutions is reflected in GEIL’s trailblazing projects, including a 20MW power plant (expandable to 40MW) and a 12 million standard cubic feet LPG plant being operated by First Otakikpo Midstream Ltd (FOML), further integrating Nigeria’s energy value chain.
GEIL’s indigenous technical team and collaborative partnerships with regulatory agencies have been credited for the rapid, successful execution of this world-class infrastructure.
With this achievement, Green Energy International Limited has positioned itself as a trailblazer in Nigeria’s energy sector, demonstrating the country’s growing capacity to deliver indigenous, high-impact oil export infrastructure. The Otakikpo terminal stands as a testament to Nigeria’s commitment to expanding energy infrastructure, deepening local participation and strengthening national energy security, making GEIL a fitting recipient of recognition as a local content champion in the oil and gas industry.
