Energia Nigeria managing director and the chief executive officer Felix Amiieye-Ofori told AllAfrica.com that the company has already identified and carried out environment impact assessment (EIA) of a land in Ndokwa area of Delta state for the construction of the refinery.
"We have the capacity to shore up our production, we stopped the Capex because of the drop in oil prices, we are still drilling our wells, assets and reserve will be increased to 15 ,000 barrels by next year."
"We know that a lot of multinational oil firms will be divesting some of their assets at the onshore concessions, we are wholly Nigerian company, we are capable to acquire some of these assets when the owners are willing to divest."
Currently, the company produces 6,000 barrels of crude oil per day.
