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The fact the multi-billion dollar pipe by-passes Russia further increases the threats of such attacks. The proximity of the BTC and the South Caucasus gas pipeline to Upper (Nagorno) Garabagh, an Azeri region under Armenian occupation, as well as the areas in Georgia with widespread separatism, increases the chances for subversive acts on oil facilities, despite tightened security measures there, Stratfor said.
Full article: Russia may sanction Azeri pipe 'terror attack' research center