Balmaceda, Margarita M. (2021), ISBN: 9780231197496, Columbia University
This book helps to understand the power Russia has through its Energy chain. The book offers an evaluation of Russia’s value chain which helps to understand the full cycle of exporting energy and stakeholders who are benefiting from it. By analysing the export of gas, oil and coal, it shows how that energy is used as a threat and how it became a key driver for political development in modern day Russia.
“Russia’s use of its vast energy resources for leverage against post-Soviet states such as Ukraine is widely recognized as a threat. Yet we cannot understand this danger without also understanding the opportunity that Russian energy represents. From corruption-related profits to transportation-fee income to subsidised prices, many within these states have benefited by participating in Russian energy exports. To understand Russian energy power in the region, it is necessary to look at the entire value chain—including production, processing, transportation, and marketing—and at the full spectrum of domestic and external actors involved, from Gazprom to regional oligarchs to European Union regulators.”
https://cup.columbia.edu/book/russian-energy-chains/9780231197496