The Galata Field is located in the Black Sea approximately 19 kilometers offshore Bulgaria. The field contains proved and probable reserves of 80 Bcf with a reserve life of 7 years.
Gas will be delivered to the domestic grid at Provadia via an 85 km dedicated pipeline. The gas will be purchased by Bulgargaz, the state owned gas distribution and supply company, under a three year 'take-or-pay' contract.
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