Green Energy International Limited (GEIL) is stepping forward with a bold \$5.5 billion investment proposal to build five new onshore crude oil terminals across Nigeria — a strategic move aimed at supporting the country’s ambition to hit 3 million barrels of crude oil per day by 2030.
The indigenous oil company is seeking a partnership with the Nigerian National Petroleum Company Limited (NNPC), now led by its new Group Chief Executive Officer, Bayo Ojulari, to deliver this infrastructure upgrade. The move, according to GEIL, is not just timely — it’s essential.
“The research underscores the need for rapid decentralisation of onshore terminal and export infrastructure, emphasising that current evacuation methods are insufficient for handling the anticipated surge in output,” the company stated.GEIL’s plan builds on the success of its flagship project — the Otakikpo onshore crude oil terminal in Rivers State — which has already made headlines as Nigeria’s first indigenous crude export hub in more than 50 years.
The Otakikpo terminal, a \$400 million project, currently holds a storage capacity of 750,000 barrels and can pump 360,000 barrels per day. It is also expandable to a 3 million barrel capacity. Located near the Ogoni and Opobo fields, Otakikpo serves as a secure hub unlocking over 3 billion barrels of oil reserves from long-stranded fields in the Niger Delta, including more than 40 fields that had no evacuation routes for decades.
Related: Super Eagles Defeats Ghana in Unity Cup Semi
GEIL said its model reduces reliance on long-distance, vandalism-prone pipelines by introducing decentralised upstream systems — using advanced multiphase pumps and meters to safely gather and transfer crude. According to the company, this approach not only improves oil evacuation logistics but also strengthens pipeline protection, tackles crude theft, and modernises Nigeria’s petroleum export model.
“Without decentralised terminals, Nigeria’s crude oil production may remain constrained,” said GEIL Chairman, Prof. Anthony Adegbulugbe. “A decentralised export system is essential for Nigeria to sustainably reach 3 MMBOPD by 2030. Without it, production constraints will continue to hinder economic growth and sector efficiency.”
He further added: “We are committed to pioneering solutions that unlock Nigeria’s vast oil reserves and optimise crude export logistics.”Industry analysts say the partnership discussions between GEIL and NNPC are progressing positively. If successful, the project could transform Nigeria’s oil export landscape, offer safe and efficient export access to third-party producers, and set a new benchmark for sustainable oil logistics in the country.
GEIL’s approach has also been praised for driving economic inclusion and job creation across the Niger Delta — a region long burdened by infrastructure neglect and oil-related conflicts.As Nigeria seeks to restore stability and growth in its oil sector, GEIL’s \$5.5 billion vision may well serve as a blueprint for a more secure, decentralised, and resilient petroleum future.
