Caspian Sea ebbs towards record low

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More than 90 per cent of Azerbaijan’s total export earnings are derived from oil and gas, the biggest contributor to climate change when burnt.

This was attributed to low run-off from the vast Volga river system, which runs some 3,500km through central and southern Russia, according to the Caspian Sea co-ordinating committee on hydrometeorology.

By the end of this year, Mutallimov said water levels were expected to “reach or even pass” the previous low set in the late 1970s when it dropped to 29m below sea level after tributaries were dammed.

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Article Details

Author / Journalist: Jana Tauschinski

Category: MarketsFinanceInvesting

Markets: United StatesAzerbaijanKazakhstanTurkmenistan

Topics: Environmental Caspian Level Crisis Change Financial Mutallimov Levels Climate Water Year

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-30 @ 06:00:38 (14 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 792 words

Reading Time: 5 minutes read

Sentences: 34 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 23964316

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