Kura (Caspian Sea) emptying into the Caspian Sea at Neftçala. Most of the Kura River runs in the broad and deep valley between the Greater Caucasus and Lesser Caucasus mountains, and the major tributary, the Aras, drains most of the southern Caucasus and the mountain ranges of the extreme northern Middle East. The entirety of Armenia and most of Azerbaijan are drained by the Kura River, but the Kura does not pass through Armenia at all. Also in the Kura watershed are Turkey, Georgia, and a bit of northern Iran. Most of the elevation change in the river occurs within the first .
Caspian Sea A key problem to further development in the region is the status of the Caspian Sea and the establishment of the water boundaries among the five littoral states. The current disputes along Azerbaijan's maritime borders with Turkmenistan and Iran could potentially affect future development plans. Much controversy currently exists over the proposed Trans-Caspian oil and gas pipelines. These projects would allow Western markets easier access to Kazakh oil and, potentially, Uzbek and Turkmen gas as well. Russia officially opposes the project on environmental grounds. However, analysts note that the pipelines would bypass Russia completely, thereby denying the country valuable transit