Legal Investigation of the Share of Caspian Sea Littoral Countries in Oil and Gas Resources (presenting of the equal arc sharing model for the Caspian Sea)

Strategically, the Caspian region has become one of the most important parts of the world in recent years due to the existence of energy reserves and its transfer to consumer markets consequently it draws the attention of regional powers and global superpowers. After the collapse of the Soviet Union and the increase in the number of coastal countries, different views and opinions have been expressed about the ruling legal regime of the Caspian Sea. This article employs the equal arc sharing model and combines different methods of division, divides the map and area of the Caspian Sea fairly, and tries to pay attention to the principle of justice and fairness simultaneously. The main question of this article is determining the portion of each of the Caspian littoral countries in the harvest of proved reserves in energy resources. The results show that the share of each country in the common area will be 20%. In total, Kazakhstan (28%), Iran (23%), Russia (22%), Turkmenistan (14%), and Azerbaijan (13%) allocate occupancy of the Caspian Sea area..