Heads of Caspian countries to consider Caspian Sea status & energy cooperation: ambassador
Aug.28. Trend News. Baku
The presidents of Azerbaijan, Kazakhstan, Russia and Turkmenistan will discuss the legal status of the Caspian Sea on Sep.11-13, Kazakh Ambassador to Azerbaijan, Serik Primbetov, told journalists on Aug.28.
The summit will be informal and the presidents will define the agenda. Issues of energy cooperation are expected to be discussed, Primbetov said.
On the division of the Caspian Sea, Azerbaijan, Kazakhstan and Russia have no claims for each other’s sectors. There are both bilateral and trilateral agreements between these countries on the issue. The parties have also agreed to determine the coordinates of the dividing line. The issue is yet to be agreed with two countries – Turkmenistan and Iran. It is due to this that the status of the Caspian Sea has not yet been defined, despite many years of discussions.
Azerbaijan was the first Caspian Sea country to begin to set the limits of the world’s largest lake and define control over it. The Republic of Azerbaijan was the first to announce accessibility to its sector of the Caspian Sea on Sept. 20 in 1994 by signing an international contract (“The Contract of the Century”) with Western companies on a PSA model – production sharing agreement. This has also been reflected in the Basic Law of Azerbaijan, dated 1995.