arrow_back Back to App

Energy Security Cooperation: Expedited Gas Exports and Sanctions on Russian Pipelines.

This Act aims to boost the energy security of US allies in Europe by streamlining and accelerating the export of American natural gas. Citizens may feel an indirect impact through the stabilization of global energy markets and the strengthening of US international standing. Furthermore, the law mandates sanctions against entities investing in Russian energy export pipelines, intended to weaken Russia's ability to use energy as a political weapon.
Key points
Expedited Gas Exports: Simplifies and speeds up the authorization process for exporting US natural gas to NATO countries, Japan, and other nations deemed vital to US national security.
Sanctions on Russian Pipelines: Imposes mandatory financial and trade sanctions on individuals or companies investing in the construction or modernization of Russian energy export pipelines.
Transatlantic Energy Strategy: Requires the US government to develop a new strategy aimed at diversifying energy supplies for allies and reducing their reliance on Russian energy resources.
Opposing Nord Stream 2: Reaffirms strong US opposition to the Nord Stream 2 pipeline due to its detrimental effects on European energy security.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_S_548
Sponsor: Sen. Barrasso, John [R-WY]
Process start date: 2023-02-28