Russia creates Caspian Sea Ports Basin Authority
![](/img/en_news_image.jpg)
The Federal Agency of Maritime and River Transport has announced the creation of Basin Authority of the Russian ports of the Caspian Sea, effective as of May 3, 2012, the agency said on Friday.
The Caspian Sea Basin Authority will be headquartered in Astrakhan, and its branches - in the ports of Olya and Makhachkala.