Bulgaria Analytica - The Caspian Sea Convention – the fallout on the SGC and Turkey’s ambitions to act as the regional hub

http://bulgariaanalytica.org/en/2018/08/12/caspian-sea-convention-the-fallout-on-the-sgc-and-turkeys-ambitions-to-act-as-the-regional-hub/

After a 27-year dispute, the Caspian littoral states are finally set to resolve the Caspian Sea status. This should allow, among other things, the construction of trans-Caspian oil and gas infrastructure. Whether the expectations will translate into immediate actions and projects is yet to be seen, but after August 12th, when the heads of state of Russia, Kazakhstan, Azerbaijan, Turkmenistan and Iran convene in the Kazakh port of Aktau to sign the Caspian Sea Convention, the media will overflow with hype and big headlines.