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Expanding Sanctions on Russia and Nord Stream 2

This act aims to strengthen existing sanctions against entities involved in the Nord Stream 2 gas pipeline project. This means that any previous waivers of sanctions for Nord Stream 2 AG and its officers will be revoked. The goal is to increase pressure on Russia regarding Europe's energy security.
Key points
Sanctions Reinstatement: Any previous waivers of sanctions for Nord Stream 2 AG and its corporate officers will be revoked, and sanctions will be reimposed.
Harder to Waive Sanctions: Waiving these sanctions will now require a specific Act of Congress, not just an administrative decision.
Expanded Scope of Sanctions: New provisions will also cover entities engaging in transactions with persons or companies already subject to sanctions related to the Nord Stream 2 project.
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Additional Information
Print number: 117_HR_3598
Sponsor: Rep. Keller, Fred [R-PA-12]
Process start date: 2021-05-28