Nigeria Expands Oil Export Capacity With 365,000 Bpd Otakikpo Terminal

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nigeria expands oil export capacity with 365000 bpd otakikpo terminal

The Federal Government has declared that the commissioning of the 400 million Otakikpo Oil Export Terminal in Rivers State will ease crude evacuation challenges and boost Nigerias oil export capacity.

Located in Ikuru Town, Andoni Local Government Area, the facility has a capacity of 365,000 barrels per day and is the first onshore oil terminal built in Nigeria in 50 years.

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