June 03, 2025 [Argus Media]- Shell has loaded the first crude cargo from Nigeria’s new onshore Otakikpo terminal, marking the start of exports from the $400mn facility developed by marginal field operator Green Energy International.

The terminal, located in the OML 11 block southeast of Port Harcourt, has a maximum export capacity of 360,000 b/d. Crude is piped 23km via a 20-inch line to a single point mooring in the Atlantic, where a 21m draught allows Aframax and Suezmax tankers to load.

Green Energy said the terminal replaces a costly barging system that previously cost around $120,000/d to evacuate production. The company had exported its light sweet Otakikpo crude via the Ima floating storage unit operated by local firm Amni.

The new facility could unlock stranded output from more than 40 nearby fields with a combined capacity of 200,000 b/d and estimated reserves of 3bn bl of oil equivalent, according to Green Energy. The terminal can receive up to 250,000 b/d from third-party producers, including via a 6-inch, 6km offshore pipeline, the firm said.

Green Energy plans to develop a gathering system for crude from other producers and expand storage capacity to as much as 3mn bl, up from 750,000 bl currently. It told members of the Independent Petroleum Producers Group (IPPG) last week that it can add tank storage within nine months if demand rises. Current utilisation remains below 12pc.

Green Energy began injecting crude into the terminal on 30 March. Shell loaded the first cargo aboard the Aframax tanker Lipari.

Green Energy’s crude output averaged just 5,000 b/d in April, but it has secured regulatory approval to raise production to 30,000 b/d under a revised field development plan, according to upstream regulator NUPRC.