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Vol 23 No 5 May/June 2018

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Drafting Commercial Agreements

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The Legal Status of the Caspian Sea

ISBN13: 9783662447291
Published: November 2014
Publisher: Springer-Verlag
Country of Publication: Germany
Format: Hardback
Price: £69.99

Usually despatched in 1 to 3 weeks.

This book analyzes the legal and economic situation concerning the removal and allocation of the natural resources in the Caspian Sea - the largest enclosed body of salt water in the world, which not only constitutes a fragile ecosystem with great fishery resources, but is also rich in oil and gas deposits. The economic advantages gained from the development of oil and gas are the basis for the economic and social development of the riparian states, but also cause significant transboundary harm to the ecosystem of the Caspian Sea.

The book contends that, if the local environment grows more heavily contaminated through the extraction of mineral resources, it could lead to environmentally induced violence. It describes the ongoing conflicts, which are primarily due to various riparian states' territorial claims concerning the extraction of oil and gas resources, and argues that the current legal framework on the use and protection of the Caspian Sea is obsolete. Thus, the main objective of the book is to point out corresponding international legal mechanisms that could be used in order to settle these disputes and protect the Caspian Sea's fragile environment from transboundary harm.

Environmental Law
Introduction and course of the investigation
Geography, politics and economy in the Caspian Sea
Legal history and the present state of use of the Caspian resources
Cooperation levels in Caspian states' practice in the 1990s
Interrelations between territorial delimitations and the regime of the use of the Caspian Sea
The regime for the use of non-living resources in the Caspian Sea
The legal regime of the living resources of the Caspian Sea
The legal regime of the pipelines in the Caspian Sea
The legal regime of maritime shipping on the Caspian Sea
Protection of the Marine Environment of the Caspian Sea
Concluding remarks.