It certainly looks like it could be something in Cyrillic alphabet, but Abkhazia is spelled Абхазия. I wonder about acronyms in Cyrillic, given the upper case "PK" in the middle.
Dubs are compelling. Weird that this morning I had coffee with a friend who just returned from there. It's an out of the way place., but spelling is off from trip code in Cyrillic. What if it's an acronym or approximation or phonetic, not a real word. Any native Russiafags here? Maybe АбухщРКиа?