Sec. 4. Prioritization of efforts and assistance for energy infrastructure projects in Europe and Eurasia
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In pursuing the policy described in section 3(b), the Secretary of State, in coordination with the heads of United States agencies that operate under the foreign policy guidance of the Secretary, shall, as appropriate, prioritize and expedite the efforts of the Department of State and such agencies in supporting the efforts of the European Commission and European and Eurasian countries to increase the energy security of such countries, including through— providing diplomatic and political support to the European Commission and such countries, as necessary to— facilitate international negotiations concerning cross-border infrastructure; enhance Europe’s and Eurasia’s regulatory environment with respect to energy; and develop accessible, transparent, and competitive energy markets supplied by diverse sources, types, and routes of energy; and providing support to improve European and Eurasian energy markets, including early-stage project support and late-stage project support for the construction or improvement of energy infrastructure, as necessary, to— diversify the energy sources and supply routes of such countries; enhance energy market integration across the region; and increase competition within energy markets.
The Secretary of State, in consultation with the heads of agencies described in subsection (a), shall identify and, in accordance with paragraph (3), select energy infrastructure projects that would be appropriate for United States assistance under this section. A project is eligible for United States assistance under this section if such project is— related to— natural gas infrastructure, such as interconnectors, storage facilities, liquefied natural gas import facilities, or reverse flow capacity; electricity transmission infrastructure, electricity storage projects, or smart grid projects; renewable energy projects in wind, solar, tidal, or other forms; or the improvement, rehabilitation, or construction of electricity generation facilities to increase the efficiency and reliability of electricity production; and located in a European or Eurasian country.
In selecting among projects that are eligible under paragraph (2), the Secretary of State and the heads of agencies described in subsection
(a)shall give preference to projects that— improve the capacity of energy systems to efficiently transfer gas and electricity within and between European or Eurasian countries; have already been identified by the European Commission as being integral for the energy security of European or Eurasian countries; are expected to enhance energy market integration and transparency; can attract funding from the private sector, an international financial institution, the government of the country in which the project will be carried out, or the European Commission; or have the potential to use United States goods and services. The Secretary of State, in coordination with the heads of agencies described in subsection (a), as appropriate, shall provide diplomatic and political support to the European Commission and European or Eurasian countries, as necessary, including by using the diplomatic and political influence and expertise of the Department of State to build the capacity of such countries to resolve any impediments to the development of projects selected under subsection (b). The Secretary of State, in coordination, as appropriate, with the heads of agencies described in subsection (a), including the Director of the Trade and Development Agency, shall provide early-stage project support to projects selected under subsection (b), as necessary and in accordance with section 661 of the Foreign Assistance Act of 1961 ( 22 U.S.C. 2421 ). The Secretary of State, in coordination, as appropriate, with the heads of agencies described in subsection (a), shall provide late-stage project support to projects selected under subsection (b), as necessary and in accordance with section 1412 of the Better Utilization of Investments Leading to Development Act (relating to the establishment of the United States International Development Finance Corporation). Subparagraph
(A)of section 661(f)(1) of the Foreign Assistance Act of 1961 ( 22 U.S.C. 2421(f)(1) ) is amended by striking $48,000,000 for fiscal year 2000 and inserting $79,500,000 for fiscal year 2020 . Section 254 of the Countering Russian Influence in Europe and Eurasia Act of 2017 (enacted as title II of the Countering America’s Adversaries Through Sanctions Act; Public Law 115–44 ; 22 U.S.C. 9543 ) is amended— in subsection (a), by striking fiscal years 2018 and 2019 and adding fiscal years 2020 and 2021 ; and in subsection (b), by adding at the end the following new paragraph: To assist United States agencies that operate under the foreign policy guidance of the Secretary of State in providing assistance under section 4 of the European Energy Security and Diversification Act of 2019. . No United States assistance under this section may be provided to a European or Eurasian country that engages in a significant transaction described in subsection
(a)of section 231 of the Countering America’s Adversaries Through Sanctions Act ( 22 U.S.C. 9525 ).
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Sec. 4
Prioritization of efforts and assistance for energy infrastructure projects in Europe and Eurasia
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