Green Energy Completes Fifth Oil Export from Otakikpo Terminal in Nigeria
Green Energy International Limited has successfully completed its fifth crude oil export from the Otakikpo onshore terminal, a major achievement for Nigeria's indigenous onshore crude export operations. The Chief Executive Officer and Chairman, Prof. Anthony Adegbulugb, revealed the completion of the project after facing challenges, including a construction lull and financial losses.
The project, which incurred a loss of $7.5 million, was recognized by Leadership Group Ltd, with Vice Chairman Mike Okper presenting an award for local content champion of the year 2025. Despite setbacks, the company's resilience and determination led to the successful completion of the project, emphasizing the importance of local content in the oil and gas sector.
Plus234Feed summary based on reporting from Leadership Newspaper. Read the original report below.
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