Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Cardano Price Drops as Macro Headwinds Pressure Risk Assets

    September 30, 2026

    OpenAI Rescinds 2026 Initial Public Offering Plan

    September 30, 2026

    Nigeria’s Banks Approach the Earnings Reckoning as Deadline Looms

    September 30, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Cardano Price Drops as Macro Headwinds Pressure Risk Assets
    • OpenAI Rescinds 2026 Initial Public Offering Plan
    • Nigeria’s Banks Approach the Earnings Reckoning as Deadline Looms
    • Global Markets Mixed as U.S. Treasury Yields Dampen Risk Appetite
    • NNPC Adopts Technical Equity Model for Refinery Rehabilitation – Ojulari  
    • Nigeria Rejects Nuclear Deterrence, Demands Total Elimination of Atomic Weapons 
    • Excess Liquidity in Banking System Soars 37% Ahead of OMO Debit
    • World on Path to Nuclear Disaster, Geterres Warns  
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Wednesday, September 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

    GCR Upgrades Aradel Rating, Cites Improved Business, Financial Profile

    Oil Prices Dip as Saudi Provides Alternative Exports Route

    Oil Market Momentum Slows Ahead of US Fed Rate Decision

    Oil Prices Rise on Saudi Supply Concern, Brent Tops $108

    Brent Crude Oil Tops $100 as Iran Strikes U.S. Vessels, Tankers

    Crude Oil Prices Ease as Strait of Hormuz Route Gets Busy

    Add A Comment

    Comments are closed.

    Editors Picks

    Cardano Price Drops as Macro Headwinds Pressure Risk Assets

    September 30, 2026

    OpenAI Rescinds 2026 Initial Public Offering Plan

    September 30, 2026

    Nigeria’s Banks Approach the Earnings Reckoning as Deadline Looms

    September 30, 2026

    Global Markets Mixed as U.S. Treasury Yields Dampen Risk Appetite

    September 30, 2026

    NNPC Adopts Technical Equity Model for Refinery Rehabilitation – Ojulari  

    September 30, 2026
    Latest Posts

    GCR Upgrades Aradel Rating, Cites Improved Business, Financial Profile

    September 28, 2026

    Oil Prices Dip as Saudi Provides Alternative Exports Route

    September 19, 2026

    Oil Market Momentum Slows Ahead of US Fed Rate Decision

    September 16, 2026

    Oil Prices Rise on Saudi Supply Concern, Brent Tops $108

    September 15, 2026

    Brent Crude Oil Tops $100 as Iran Strikes U.S. Vessels, Tankers

    September 9, 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.