Kazakhstan Chamber of Commerce in the USA

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Russian and Kazakh presidents ink document on Caspian Sea delimitation

Posted on November 15, 2015 by KazCham

Colibri Law Firm

The presidents of Russia and Kazakhstan, Vladimir Putin and Nursultan Nazarbayev, have inked a document regarding the delimitation of a part of the seabed of the Caspian Sea.

Putin and Nazarbayev signed a protocol on amendments to the existing protocol of the Russia-Kazakhstan agreement dated 6th July 1998 on the delimitation of the northern part of the Caspian Sea’s seabed for exercising sovereign rights for subsoil use.

Earlier, Russian presidential aide Yuri Ushakov told reporters that the document regulates the joint development of the ‘central’ oil-bearing structure.

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