Shell Loads First Crude from Nigeria’s New $400M Otakikpo Terminal

Energy major Shell has loaded the first crude cargo from Nigeria’s new Otakikpo terminal.

Operated by indigenous energy company Green Energy International, the $400 million facility is situated in OML 11, near Port Harcourt. The terminal boasts a maximum export capacity of 360,000 barrels per day (bpd).

Last month, Green Energy International received regulatory approval to boost production from the terminal to 30,000 bpd under a revied field development plant. The company is also planning to expand current storage capacity from 750,000 barrels to 3 million barrels, with tank additions expected within nine months.

The first crude cargo was loaded by Shell aboard the Afrimax tanker Lipari.