Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Consolidated Hallmark Maintains Bullish Profile, Boosts Investors’ Wealth

    July 30, 2026

    Wema Bank Slides as EPS Moderated by 20% in H1-2026

    July 30, 2026

    Sterling Holdings Drops by 7% as Earnings Per Share Sinks

    July 30, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Consolidated Hallmark Maintains Bullish Profile, Boosts Investors’ Wealth
    • Wema Bank Slides as EPS Moderated by 20% in H1-2026
    • Sterling Holdings Drops by 7% as Earnings Per Share Sinks
    • Nairobi Stock Exchange Index Rises on Energy, Banking Stocks Rally
    • US Effective Tariff Rate Falls on Latest Tariffs, Changing Trade Flows
    • HBM Nigeria Slides as Investors Sell the Earnings, Dividend News
    • CBN Cuts Rate on 364-Day Nigerian Treasury Bills, Rejects N2.4trn
    • Iran Vows to Maintain Tighter Control Over Strait of Hormuz
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Thursday, July 30
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » Oil and Gas » Green Energy International Launches Operation at Nigerian Onshore Terminal

    Green Energy International Launches Operation at Nigerian Onshore Terminal

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiJune 29, 2025 Oil and Gas No Comments2 Mins Read
    Green Energy International Launches Operation at Nigerian Onshore Terminal
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Green Energy International Launches Operation at Nigerian Onshore Terminal

    Green Energy International has started operations at its Otakikpo onshore terminal near Port Harcourt, Nigeria, marking a significant milestone in the country’s energy sector. The terminal, which is the first indigenous onshore terminal constructed in Nigeria in over five decades, received its maiden cargo via a vessel chartered by Shell in June 2025.

    The Otakikpo terminal has a storage capacity of 750,000 barrels, with plans to increase it to three million barrels, and is expected to play a crucial role in processing crude from marginal fields. This development supports Nigeria’s goal of increasing crude production to two million barrels per day. The terminal’s construction began in 2023 and was completed in June 2025, six months ahead of schedule.

    Green Energy International began injecting crude in March 2025, with production averaging 5,000 barrels per day. The company has since received regulatory approval to boost production to 30,000 barrels per day under a revised field development plan. The terminal features a 23-km 20-inch pipeline connecting to a single point mooring system in the Atlantic Ocean and has an export capacity of 360,000 barrels per day.

    This development aligns with Nigeria’s efforts to increase production through diversified field developments, with marginal fields being a priority area. The government has implemented mechanisms to attract investment and development across these assets, including a marginal field bidding round in 2020 that drew over 591 companies. The Otakikpo terminal is a significant step towards enhancing Nigeria’s energy infrastructure and boosting its position in the global oil market.#Green Energy International Launches Operation at Nigerian Onshore Terminal#

    CBN Ordered to Remit N3.6trn Unpaid Operating Surplus to FG Within 14-Day

    Green Energy International
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Ogochukwu Ndubuisi
    • Website
    • Facebook
    • X (Twitter)
    • LinkedIn

    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

    Keep Reading

    Oil Prices Rise in Reaction to Saudi, U.S. Strikes Against Iran

    NLNG Generates $149.6bn, Moves to Expand LNG Capacity

    Oil Prices Slide Below $85 as Supply Risk Eases

    Oil Prices Fall Sharply on Peace Hope, China Cuts Imports by 50%

    Oil Prices Race Past $100 as Global Energy Crisis Deepens

    TotalEnergies Boosts Interim Dividends to €0.90, Extends Share Buyback

    Add A Comment

    Comments are closed.

    Editors Picks

    Consolidated Hallmark Maintains Bullish Profile, Boosts Investors’ Wealth

    July 30, 2026

    Wema Bank Slides as EPS Moderated by 20% in H1-2026

    July 30, 2026

    Sterling Holdings Drops by 7% as Earnings Per Share Sinks

    July 30, 2026

    Nairobi Stock Exchange Index Rises on Energy, Banking Stocks Rally

    July 29, 2026

    US Effective Tariff Rate Falls on Latest Tariffs, Changing Trade Flows

    July 29, 2026
    Latest Posts

    Oil Prices Rise in Reaction to Saudi, U.S. Strikes Against Iran

    July 29, 2026

    NLNG Generates $149.6bn, Moves to Expand LNG Capacity

    July 28, 2026

    Oil Prices Slide Below $85 as Supply Risk Eases

    July 28, 2026

    Oil Prices Fall Sharply on Peace Hope, China Cuts Imports by 50%

    July 27, 2026

    Oil Prices Race Past $100 as Global Energy Crisis Deepens

    July 23, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.