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Convention on the Legal Status of the Caspian Sea: Implications for Oil & Gas companies

22/08/2018

On 12 August 2018, Russia, Azerbaijan, Iran, Kazakhstan and Turkmenistan, being the Caspian littoral states, signed the Convention on the Legal Status of the Caspian Sea (the “Convention”). The Convention, which has been in the making for nearly three decades, establishes the legal framework for the sharing of the Caspian Sea and its resources. The Convention is of “unlimited duration”.

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Authors

Portrait ofMatthew Culver
Matthew Culver
Partner
London
Portrait ofDavid Rutherford
David Rutherford
Partner
London
Jacob Panayi
Natalia Kozyrenko
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