The leader of an Eni delegation to the Presidency, Mr Antonio Vella, has said 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, Premium Times reports.

“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 that 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.

Â