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With the collapse of the Soviet Union, Russia emerged as the dominant successor state in Eurasia. Yet much to the surprise of great power enthusiasts, Moscow has both succeeded remarkably and failed miserably at exploiting its preponderance to set the terms for ownership, development, and export of the prized energy reserves in the Caspian Basin. One the one hand, it has effectively manipulated favorable power asymmetries and monopoly over the existing pipeline infrastructure to stranddoi:10.5195/cbp.2003.94 fatcat:rxbwheq6hfh27ehyv6mnldh5bq