HomeBusinessCBN allocates two additional crude oil terminals to inspection firm

CBN allocates two additional crude oil terminals to inspection firm

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The Central Bank of Nigeria has announced the allocation of two additional crude oil export terminals to Swede Control Intertek Limited, a pre-shipment inspection agent involved in Nigeria’s crude oil export monitoring framework.

The development was disclosed in a circular dated June 15, 2026, issued by the Director of the CBN’s Trade and Exchange Department, Aderinola Shonekan, and addressed to authorised dealer banks, the Nigeria Customs Service, key petroleum sector regulators, terminal operators, oil and gas companies, and the general public.

According to the circular, the Federal Government approved the allocation of the Cawthorne Terminal and Okwok Terminal to Swede Control Intertek Limited.

The CBN stated, “This is to notify all Authorised Dealer Banks, Nigeria Customs Service, Nigerian Upstream Petroleum Regulatory Commission, Nigerian National Petroleum Corporation Limited, Nigerian Midstream and Downstream Petroleum Regulatory Authority, all Terminal operators, all Oil and Gas Companies and the General Public of the Federal Government’s

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