Russia holds the world's largest natural gas reserves, the second-largest coal reserves, and the eighth-largest crude oil reserves. These plentiful natural resources allow Russia to obtain excellent geopolitical and geoeconomic conditions to carry out its foreign energy strategies. Since the beginning of the 21st century, Russia has transformed from former USSR’s foreign policy which depended on military and political powers for ensuring its international position into the current policy of utilizing natural resources, especially natural gas, as important means for its economic development and foreign relations. Furthermore, the Putin government puts business and huge interests of natural gas back under management and control of the state. It is the key element that allows Russia to develop an energy power for its European foreign strategies, as well as regaining Russia’s position in the international society. This article discusses how Russia gains its energy power from natural gas through the structural power theory of Susan Strange, and analyzes how Russia constructs its power through the perspective of Geo-political-economy.
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