Wednesday, January 25, 2006
Russian, Kazakh leaders to agree on Caspian Sea border
ST. PETERSBURG, January 25 (RIA Novosti) - Russia and Kazakhstan are planning to sign a protocol on the border of the northern Caspian Sea area, Kazakh President Nursultan Nazarbayev said Wednesday. "We are set to sign a final protocol on the border of the northern Caspian Sea area, which will allow us to jointly develop three major deposits," Nazarbayev told Russian President Vladimir Putin in St. Petersburg. He said Russian and Kazakh companies would be developing the deposits on a parity basis. The Caspian Sea issue has long been under discussion among the five littoral states - Azerbaijan, Russia, Kazakhstan, Turkmenistan and Iran - in an effort to divide the sea's substantial reserves, which include oil and gas.
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