Fri. Jun 27th, 2025

Nigerian Indigenous Company Lekoil Celebrates Major Infrastructure Milestone

Lekoil Nigeria Limited has marked the successful completion of its first crude oil export from the Otakikpo Onshore Terminal, representing a significant boost to Nigeria’s crude evacuation infrastructure while reducing dependence on third-party offshore loading systems. The milestone was achieved in partnership with Green Energy International Limited through the Otakikpo Joint Venture.

Located in OML 11 along Nigeria’s southeastern coastline, the Otakikpo Field has produced since 2017. The onshore terminal commissioning significantly enhances the joint venture’s capacity to manage, store, and export crude more efficiently and securely, directly impacting production uptime and revenue optimization.

CEO Lekan Akinyanmi emphasized the achievement’s broader significance, stating it represents “not just an operational milestone, but a clear demonstration of what indigenous collaboration, technical expertise, and long-term vision can achieve.” The terminal enhances evacuation control, strengthens delivery timelines, and positions the company to scale production responsibly.

The achievement reflects strong alignment with Nigeria’s energy development goals and commitment to ESG principles, prioritizing local participation, environmental stewardship, and regulatory partnership throughout the project lifecycle.

Source: orientalnewsng.com

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