The leader of Eni delegation to the Presidency, Mr. Antonio Vella, has reportedly told the Federal government that his organization has presented a technical proposal to the NNPC to rehabilitate the Port Harcourt refinery, and also done a feasibility study on a new refinery of up to 150,000 barrels per day capacity.
“Site selection has been completed, and 50 new graduates have already arrived in Italy for a training that will last seven months. There are other upstream initiatives, and a deep water project, with estimated expenditure of $13 billion,” Vella disclosed in a statement.
The statement also said the oil company plans to double power generation capacity from its plant in Delta State from its present 500 mw to 1,000 mw, spending $750 million in the process.
