Melrose Resources is firming up plans for its Galata gas storage project in the Bulgarian sector of the Black Sea,as well as development plans for the Kaliakra field.Melrose said that joint feasibility studies carried out with state-owned Bulgargaz have confirmed that the Galata field is ideally suited for conversion to storage.The company said it intends to exercise its right under the terms of the Galata field production concession to convert the field to a gas storage facility during 2009.
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