Tinubu to Commission $400m Indigenous Crude Oil Terminal in Rivers
[NigerianEye - Nigeria] - 2/10/2025
President Bola Tinubu is set to commission the $400 million Otakikpo Onshore Crude Oil Export Terminal in Rivers State on October 8, marking the first new crude export facility built in Nigeria in over 50 years. Developed by Green Energy International Limited (GEIL), operators of the Otakikpo field in OML 11, Ikuru town, Andoni Local Government Area, the terminal represents a milestone as the nation's first wholly indigenous onshore facility, ending decades of reliance on foreign-built infrastructure. The inauguration will draw high-profile attendees, including Minister of State for (…)
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