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Explore The Caspian Sea Is Legally Not A Sea | And That Was Worth Billions with 53,826 views, 1,081 likes, and 6 comments. Experience the impact of this video content that has captured audience attention.

Is the Caspian Sea a sea or a lake? Filmed on the Caspian shore in Makhachkala, Dagestan, Russia. If you are searching for Caspian Sea legal status, why the Caspian is a lake, Caspian Sea oil, Caspian convention 2018, or the biggest lake in the world, this is why one word was worth billions. The Caspian has no natural connection to the ocean, which is why it is often called the world's largest lake. Under the UN Convention on the Law of the Sea, a sea would be divided by coastline. A lake could be shared equally, about 20% each for the five coastal states. Iran argued for the lake approach; under the median line approach it receives only 13 to 14%. On 12 August 2018 in Aktau, Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan signed the Convention on the Legal Status of the Caspian Sea. It calls the Caspian a closed body of water with special legal status, sets territorial waters of up to 15 nautical miles and fishing zones of 10, and leaves the seabed to be divided by agreement. The convention says only warships flying the flags of the five coastal states may sail the Caspian. Offshore Caspian fields produced over a million barrels of oil a day in 2022, about 1% of world supply. Makhachkala is the capital of the Republic of Dagestan in the Russian North Caucasus, on the western shore of the Caspian Sea, about two hours by minibus from Grozny. With about 620,000 people it is the largest city in the North Caucasus, and Dagestan as a whole has about 3.2 million. This is part of my Russia series, travelling overland on a Russian electronic visa from Georgia through North Ossetia, Chechnya and Dagestan, then east across Siberia toward Mongolia. Every fact in these reels is checked against published sources before it goes in. #CaspianSea #Russia #Dagestan

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