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Azerbaijan and Turkmenistan Discuss Caspian’s Status
[1 MAY 2008] 17:41

Azerbaijan, Baku, 1 May / corr. TrendNews S. Agayeva/ On 1 May, the Azerbaijan-Turkmenistan talks on status of the Caspian Sea began in Ashgabat. “The delegation of Azerbaijani Foreign Ministry headed by Khalaf Khalafov, the deputy foreign minister, has paid an official visit to Turkmen capital city in order to hold talks in this regard,” the Embassy of Azerbaijan in Turkmenistan said on 1 May.

Azerbaijan, Russia and Kazakhstan do not have claims to each-other concerning the division of Caspian’s bottom. Both bilateral and three-sided agreements on this issue have been signed amongst these three states. The parties have also reached a consensus on determination of the co-ordinates of the medium division line.

However, Turkmenistan and Iran abstain from determining the co-ordinate of the medium division line. It hinders the determining status of the Caspian sea.

The basic disagreement between Azerbaijan and Turkmenistan is over the Kapaz field, which Turkmenistan considers to be its own field with a name of Sardar. According to the seismological prospecting, the field is supposed to have some 150mln barrels of oil and gas-condensate reserves.

The correspondent can be contacted at: [e-mail]


http://news.trendaz.com/index.shtml?show=news&newsid=1189584&lang=EN