Held Captive by Gas: The Price of Politics in Gazprom's Long-Term Contracts with Central European Bu...

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Joshua Posaner, "Held Captive by Gas: The Price of Politics in Gazprom's Long-Term Contracts with Central European Buyers (2009 to 2014) "
English | ISBN: 3658275170 | 2020 | 269 pages | PDF | 18 MB

Gas makes or breaks economies, as shown by the effects of the 2009 Ukraine/Russia gas supply crisis. Joshua Posaner looks at four case study countries in Central and Eastern Europe. He examines the interdependence between the domestic political structure of a gas import-dependent country and the price it paid for imports up to 2014, using the level of reliance on the dominant supplier as an indicator. The more dependent a country is on a single supplier, the more it pays for its supplies. The author aims to explain why capitals prioritize energy security and balance their import portfolios differently, while taking a new angle on the European gas system. He offers a timely investigation into an oft-reported subject, with Russia's perceived "energy weapon" and themes of "energy dependence" weighing heavily on European political discourse.

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