CASPIAN SEA STATES’ ENVIRONMENT DEAL NOW IN FORCE
August 1st, 2006
BY KEITH NUTHALL
OIL and gas companies working in the Caspian Sea will have to comply with a new environmental treaty from August 12, the first legally binding agreement signed by all five coastal states. Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan and companies working within them will henceforth have to follow the Framework Convention for the Protection of the Marine Environment of the Caspian Sea. Parties must prevent and reduce pollution from seabed and land-based oil and gas activities, related ship movements and dumping. It also commits them to ...
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