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S. 1441

Protecting Europe’s Energy Security Act of 2019

Protecting Europe's Energy Security Act of 2019

This bill establishes sanctions related to the provision of vessels for the construction of Russian energy export pipelines.

The Department of State must report to Congress (1) a list of vessels engaged in below sea-level pipe laying for the construction of the Nord Stream 2 pipeline, the TurkStream pipeline, or any successor projects; and (2) a list of foreign individuals and entities that knowingly provided or facilitated the provision of the vessels for such pipeline construction. The State Department shall impose property- and visa-blocking sanctions on (1) the identified foreign individuals and entities, and (2) each corporate officer and principal shareholder with a controlling interest in the identified vessels.

The President may impose various sanctions on foreign individuals and entities that knowingly provide significant underwriting, insurance, or reinsurance for the identified vessels. The sanctions may include prohibitions from (1) receiving Export-Import Bank export assistance, (2) being designated as a primary dealer of U.S. government debt instruments, or (3) receiving U.S. government procurement contracts.

Placed on Senate Legislative Calendar under General Orders. Calendar No. 169.

Sen. Cruz, Ted [R-TX](R-TX)Sponsor
5 cosponsors1 D4 R
5cosponsors1committees6actions1related bills32subjects
  1. Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 169.

  2. Committee

    Committee on Foreign Relations. Reported by Senator Risch with an amendment in the nature of a substitute. Without written report.

    Foreign Relations Committee
  3. Committee14000

    Committee on Foreign Relations. Reported by Senator Risch with an amendment in the nature of a substitute. Without written report.

    Foreign Relations Committee
  4. Committee

    Committee on Foreign Relations. Ordered to be reported with an amendment in the nature of a substitute favorably.

    Foreign Relations Committee
  5. IntroReferral

    Read twice and referred to the Committee on Foreign Relations.

    Foreign Relations Committee
  6. IntroReferral10000

    Introduced in Senate

Jul 31, 201925

Protecting Europe's Energy Security Act of 2019

This bill establishes sanctions related to the provision of vessels for the construction of Russian energy export pipelines.

The Department of State must report to Congress (1) a list of vessels engaged in below sea-level pipe laying for the construction of the Nord Stream 2 pipeline, the TurkStream pipeline, or any successor projects; and (2) a list of foreign individuals and entities that knowingly provided or facilitated the provision of the vessels for such pipeline construction. The State Department shall impose property- and visa-blocking sanctions on (1) the identified foreign individuals and entities, and (2) each corporate officer and principal shareholder with a controlling interest in the identified vessels.

The President may impose various sanctions on foreign individuals and entities that knowingly provide significant underwriting, insurance, or reinsurance for the identified vessels. The sanctions may include prohibitions from (1) receiving Export-Import Bank export assistance, (2) being designated as a primary dealer of U.S. government debt instruments, or (3) receiving U.S. government procurement contracts.

May 14, 2019

Protecting Europe's Energy Security Act of 2019

This bill establishes sanctions related to the provision of vessels for the construction of Russian energy export pipelines.

The Department of State must report to Congress (1) a list of vessels engaged in below sea-level pipe laying for the construction of Russian energy export pipelines, and (2) a list of foreign individuals and entities that provided or facilitated the provision of the vessels for such pipeline construction. The State Department shall impose property- and visa-blocking sanctions on (1) the identified foreign individuals and entities, and (2) each corporate officer and principal shareholder with a controlling interest in the identified vessels.

The President may impose various sanctions on foreign individuals and entities that knowingly provide underwriting, insurance, or reinsurance for the identified vessels. The sanctions may include prohibitions from (1) receiving Export-Import Bank export assistance, (2) being designated as a primary dealer of U.S. government debt instruments, or (3) receiving U.S. government procurement contracts.

The State Department shall develop a strategy on improving the energy security of U.S. allies in Europe. The State Department shall also report to Congress (1) on the effects of Russia's Nord Stream 2 natural gas pipeline on U.S. national security; and (2) a periodically updated list of entities providing goods, services, or technology for the construction or repair of the pipeline and whether such transactions are prohibited under certain U.S. laws.

Protecting Europe’s Energy Security Act of 2019 — Informed