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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: BigBull who wrote (91392)	6/8/2001 8:55:42 PM
From: Greywolf	Read Replies (2) \| Respond to of 95453

BigBull - Thanks! This region is to say the least, slightly interesting (anglo-saxon way of saying it is HOT)

To: BigBull who wrote (91392)	6/11/2001 7:07:03 PM
From: Greywolf	Read Replies (1) \| Respond to of 95453

Iran-Caspian, Iran's Caspian envoy due in Baku Friday Tehran, June 11, Iran's Deputy Foreign Minister for Euro-American Affairs Ali Ahani is to leave for Baku Friday to attend a preparatory meeting of his counterparts from the Caspian littoral states, foreign ministry spokesman Hamid-Reza Assefi said Monday. "The participants in the meeting are to continue negotiations raised during the previous (third) meeting in Tehran and clear the way for the first summit of the heads of Caspian littoral states which is scheduled for the winter in Turkmenistan," Assefi told a Tehran press conference. He said Ahani is also to meet with Azeri President Haydar Aliyev on the sidelines of the summit Iran, Russia, Kazakhstan, Turkmenistan and Azerbaijan are the five countries bordering the Caspian Sea. The above-mentioned littoral states are scheduled to meet in the Turkmen capital Ashkhabad in October to decide on a legal regime for the waters. The states have still to come up with a legal regime for the exploitation of the sea among themselves, particularly its rich oil reserves, said to be the largest after Siberia and the Persian Gulf. The Islamic Republic has repeatedly indicated that it will agree to an equitable sharing of the sea's resources, which would give it a 20 percent share. Iran believes that agreements reached between Iran and Russia in 1921 and 1940 are the most suitable precedents for deciding on a legal regime. The accords, it believes, will meet the interests of the five littoral states, foremost being the proportional sharing of the sea's resources. The coastal states of the sea have postponed several scheduled meetings on the legal regime of the Caspian Sea, the last scheduled for early March had again been postponed. - Laying ground for stability...!