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 subsidized 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.This book follows Russia's three largest fossil-fuel exports-natural gas, oil, and coal-from production in Siberia through transportation via Ukraine to final use in Germany in order to understand the tension between energy as threat and as opportunity. Margarita M. Balmaceda reveals how this dynamic has been a key driver of political development in post-Soviet states in the period between independence in 1991 and Russia's annexation of Crimea in 2014. She analyzes how the physical characteristics of different types of energy, by shaping how they can be transported, distributed, and even stolen, affect how each is used-not only technically but also politically. Both a geopolitical travelogue of the journey of three fossil fuels across continents and an incisive analysis of technology's role in fossil-fuel politics and economics, this book offers new ways of thinking about energy in Eurasia and beyond.

AcknowledgmentsA Note on How to Read This BookA Note on Transliteration and Measurement Units Part I: The Overall Framework1. Dependency on Russian Energy: Threat or Opportunity? 2. Is Energy a Weapon or a Constituent Part of Disaggregated Power Relations? 3. Energy: Materiality and Power Part II: Hydrocarbon Chains and Political Power4. Natural Gas: Managing Pressure from Western Siberia to the Nürnberg Power Plant5. Oil: Managing Value Swings from Siberian Fields to Gasoline Stations in Germany6. Coal: Managing Subsidies from Kuzbass to Ukraine's Metallurgical Complex in the Donbas to GermanyPart III: New Types of Energy and New Political Chains7. And the Chains Meet Again8. Disruptive Energies and the Tentative End of a System: An EpilogueAppendix A: Glossary of Key Technical Processes in the Natural Gas, Oil, and Coal-Metallurgical ChainsAppendix B: Main ActorsAppendix C: Chronologies of Main Natural Gas, Oil, and Coal Market Events for Russia, Ukraine, and the European UnionNotesSelected BibliographyIndex