The issue of the Caspian Sea's legal status is expected to be resolvedsoon, chairman of the OSCE Kanat Saudabayev said at the internationalconference on disarmament of Central Asian and Caspian states,
Trendreports.There are 5 states on the coasts of the Caspian - Azerbaijan, Russia,Kazakhstan, Turkmenistan and Iran. The world’s largest lake hasbiological resources, oil and gas fields. Construction of theTranscaspian pipeline project would give Europe access to thehydrocarbonic potential of Central Asia.