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Putin’s Energy Agenda: The Contradictions of Russia’s Resource Wealth

Stefan Hedlund
Putin’s Energy Agenda: The Contradictions of Russia’s Resource Wealth
ISBN: 978-1-62637-069-2
ISBN: 978-1-62637-480-5
2014/262 pages/LC: 2013048221
"[A] concise and thoughtful book that warrants a re-visit by a reader who ponders Russia’s predicament."—Pavel Baev, The Russian Review

"A well-written and highly accessible analysis of Russia's current political and economic systems with a focus on the development of the energy industry at the heart of both."—Robert Orttung, George Washington University

"An impressive achievement…. Accessible, well organized, and informed by contemporary scholarly debates."—Adam Stulberg, Georgia Institute of Technology


The sudden arrival of massive energy wealth during Putin's long reign has turned Russia's focus to resources, with some good and some very bad results. Considering why the good—a windfall of money to pay debts and put the country's finances in order—has been so overshadowed by the bad—resource dependence, reliance on rents, and unbridled corruption—Stefan Hedlund explores the many dimensions of Russia's energy policies and politics.


Stefan Hedlund is professor of Russian studies at Uppsala University. His recent publications include Invisible Hands, Russian Experience, and Social Science: Approaches to Understanding Systemic Failure and Russian Path Dependence. He frequently contributes his expertise to Geopolitical Information Service, who provides knowledge and insights on geopolitics and geopolitical trends for international corporations, governments, and other institutions.


  • Russia Emerges out of Chaos.
  • An Energy Superpower?
  • Energy Assets.
  • Assembling the Powerhouse.
  • Gazprom and the Peculiarities of Gas.
  • Counterreactions.
  • Global Financial Crisis.
  • Picking up the Pieces.
  • Backward into the Future.
  • Appendixes: Russian Economic Performance; Russian Oil in Perspective; Russian Gas in Perspective; Developments of Liquefied Natural Gas; Developments of Shale Gas; The European Gas Market; Existing Oil Pipelines; Existing Gas Pipelines; Planned Gas Pipelines.