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Foreign Policy Centre

Ideas for a fairer world


Energy Empire: Oil, Gas and Russia's Revival

[Cover of Energy Empire: Oil, Gas and Russia's Revival]

Fiona Hill

September 2004

Download the report (380 kilobyte PDF)

On the back of windfall revenues from oil and gas exports, Russia has transformed itself from a defunct military superpower into a new energy superpower. Instead of the Red Army, the penetrating forces of Moscow's power in Ukraine, the Caucasus, and Central Asia are now its exports of natural gas, electricity, cultural products and consumer goods.