Lekoil Nigeria Limited, a leading indigenous oil and gas exploration and production company, has announced the successful completion of the first crude oil export from the Otakikpo Onshore Terminal.
The milestone, achieved in partnership with Green Energy International Limited through the Otakikpo Joint Venture, marks a significant operational achievement and reflects the shared vision and commitment of both partners to advancing Nigeria’s oil and gas sector and contributing to the nation’s broader economic development.
The export, finalised on June 8, represents a key advancement in the JV’s strategy to strengthen Nigeria’s crude evacuation infrastructure while reducing dependence on third-party offshore loading systems.
ALSO READ:
- Gas Shortage, Low Water Levels Trigger Decline in Nigeria’s Power Generation — NISO
- Shell Nigeria Gas Backs Manufacturing Growth, Calls for Reliable, Affordable Energy
- Energy Times Awards 2026: Namadi, Ojulari, Dantsoho, Verheijen, Others Make Honours List
- REA flags off 37 mini-grid projects, set to add 18.8MW
- ADIPEC 2026: We Have Added 600,000 bpd to Oil Output -Ojulari
Located in OML 11 along the southeastern coastline of Nigeria, the Otakikpo Field has been producing since 2017. The commissioning of the onshore terminal significantly enhances the JV’s capacity to manage, store, and export crude more efficiently and securely—directly impacting production uptime and revenue optimization.
The Chief Executive Officer or Lekoil, Lekan Akinyanmi commented: “The successful completion of our first crude export from the Otakikpo Onshore Terminal is a proud moment for Lekoil Nigeria and our operating partner GEIL. It represents not just an operational milestone, but a clear demonstration of what indigenous collaboration, technical expertise, and long-term vision can achieve. This terminal enhances our control over evacuation, strengthens delivery timelines, and ultimately positions us to scale production responsibly. We remain focused on creating sustainable value for our stakeholders and contributing meaningfully to Nigeria’s energy future. Importantly, this achievement reflects strong alignment with Nigeria’s energy development goals and our commitment to ESG principles—prioritizing local participation, environmental stewardship, and regulatory partnership throughout the project lifecycle.”
