Oil and gas reserves of Caspian Sea shelf to be discussed at Summit in Aktau - expert

09 August, 2018, 09:38 364
Oil and gas reserves of Caspian Sea shelf to be discussed at Summit in Aktau - expert

The problem concerning the Caspian Sea includes a wide range of issues:  from the use of bio-resources to navigation, from the delimination of the floot and mineral resources to free access to the oceans, Anastasiya Reshetnyak said. 

 

During the fifth Caspian Summit held on August in Aktau the parties will discuss the issues of the legal status of the Caspian Sea, cooperation on the Caspian Sea in economics, transport, ecology, security. Senior Researcher at the Department of International Studies of the KISS under the President Kazakhstan Anastasiya Reshetnyak talked about the current issues that will be discussed at the Summit, BNews.kz correspondent reports. 

"The Aturau Summit will be the fifth meeting of the heads of state along the Caspian Sea for solving the cross-cutting issue of the legal status of the Caspian Sea. For signing by the leaders of the states, the documents that regulate cooperation in such fields as the fight against poaching, provision of navigation safety, fight against terrorism, organized crime and illegal drug trafficking, environmental impact assessment in terms of transport and others," said Anastasiya Reshetnyak. 

According to her, the problem concerning the Caspian Sea includes a wide range of issues:  from the use of bio-resources to navigation, from the delimination of the floot and mineral resources to free access to the oceans.

The expert aslo noted the role of a Convention on the Legal Status of the Caspian Sea that will be signed at the Summit. 

"The Convention of the Legal Status will be the main document that will define the responsibility and interaction on the Caspian Sea of all five states: Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan. During years, the states (except for Turkmenistan) proposed various variants to divide the Caspian Sea. The difficulty is that before Azarbaijan, Kazakhstan and Turkmenistan became indipendent states, up to the moment the Caspian Sea became a five-party Sea, many issues were not resolved. In particular, the 1921 and 1940 agreements that defined the regime of the Caspian Sea at the Sovied period regulated only the fishing rules in the 10-mile coastal zone and the zone of commercial navigation on the Caspian Sea. Therefore, from 1990 and until now the division of oil and gas resources of the Caspian Sea shelf, as well as logistics of the routes to deliver energy resources remain as the key ones," said Anastasiya Reshetnyak.    

According to the speaker, once the status of the Caspian Sea is regulated, the legal base to deal with the abovementioned issues will appear, which is certainly beneficial to all five states. 

"Considering the original stances, then Russia and Iran made concessions, because their proposals required greater flexibility to achieve consensus," she added. 

"The Summit in Aktau is the result of the gradual talks that should end with the signing of the Convention on the Legal Status of the Caspian Sea. The diplomats are sure of the readiness of the states to take such a political decision, that will define frameworks and prospects for interaction on the Caspian Sea," said Reshetnyak. 

Earlier, the Ministry of Foreign Affairs of Kazakhstan told the documents that would be signed within the Summit. In total, at the fifth Caspian Summit with the participation of Kazakhstan, Azerbaijan, Iran, Russia and Turkmenistan, it is planned to discuss cooperation in economics, transport, protection of bio-resources and safety issues.