Eurasia

EURASIA:

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• Azerbaijan’s ties with Russia, already strained by conflict in Nagorno-Karabakh, face further pressure from the launch -later this year- of a gas pipeline (the $40 billion Southern Gas Corridor will draw from Azerbaijan’s giant Shah Deniz II field in the Caspian Sea) that is poised to squeeze Moscow’s diminished gas sales to Europe and Turkey. Currently Russia’s economy suffers because of the impact on oil and gas demand of the COVID-19 pandemic.

SOURCE: REUTERS

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