By: NikaChitadze Center for International Studies of the International Black Sea University The Russian invasion in Georgia has not changed the balance of power in the South Caucasus and Black Sea Region. It simply announced that the balance of power had already shifted. It should be mentioned, that the war somehow changed the energy environment in the Black Sea and Caucasus Regions and attitude toward the several energy projects, which are already functioning or considered to be implemented in the future. Main reasons of the Russian aggression in Georgia For the better understanding of Russian policy in august 2008, it is important to analyze the global processes that were triggered by the collapse of the Soviet Union in the beginning of 90-th of the XX Century, and to clarify, how these processes were perceived by Russia itself. It is necessary to point out about four major factors, which shaped the post-Soviet international environment for Russia: 1. ...