TRENDING
FG allocates 2 additional crude oil terminals to Swede Control Intertek
Back to Home

FG allocates 2 additional crude oil terminals to Swede Control Intertek

Vanguard Nigeria about 2 hours 2 mins read
oil revenue

By Elizabeth Adegbesan

The  Federal Government (FG) has allocated two additional crude oil export terminals to Swede Control Intertek Limited, one of the country’s pre-shipment inspection agents.

The approval was announced in a statement signed by the Director of Trade and Exchange Department at the Central Bank of Nigeria (CBN), Aderinola Shonekan.

According to the apex bank, the newly assigned terminals are the Cawthorne and Okwok terminals.

The CBN stated: “This is to notify all Authorised Dealer Banks, the Nigeria Customs Service, the Nigerian Upstream Petroleum Regulatory Commission, the Nigerian National Petroleum Company Limited, the Nigerian Midstream and Downstream Petroleum Regulatory Authority, all terminal operators, all oil and gas companies, and the general public of the Federal Government’s allocation of additional crude oil terminals to Swede Control Intertek Limited, as follows: Cawthorne Terminal and Okwok Terminal.”

The latest allocation expands Swede Control Intertek’s role in the monitoring and certification of Nigeria’s crude oil exports.

The development follows the CBN’s restructuring of terminal allocations among pre-shipment inspection agents in April 2025. The exercise was aimed at improving operational efficiency, strengthening oversight, and enhancing transparency in Nigeria’s crude oil export process.

Under the 2025 restructuring, Swede Control Intertek Limited was assigned the Ima (Otakikpo), ERHA and Aarca terminals.

Other allocations included Nembe Terminal to Neroh Technologies Limited; Isan, Enna and Yoho terminals to Holborn Oil and Gas International Limited; and Tunu, Antan and Odudu terminals to Felton Energy & Investment Limited, among others.

The addition of the Cawthorne and Okwok terminals further strengthens Swede Control Intertek’s portfolio within Nigeria’s cru

The post FG allocates 2 additional crude oil terminals to Swede Control Intertek appeared first on Vanguard News.

This article was sourced from an external publication.

Share this article

Comments (0)

Want to join the discussion?

Sign in to post comments and engage with the community.

Be the first to comment!

OneClick Africa Logo

Africa's premier digital hub for impactful news, entertainment, and business insights.

© 2026 OneClick Africa. All rights reserved.