Sec. 161. Imposition of sanctions with respect to persons with certain interests in Russian energy projects
200 words·~1 min read·
/bill/119/s/2904/is/section-161·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than 30 days after the date of enactment of this Act, and every 180 days thereafter, the President shall impose the sanctions described in section 181 with respect to any foreign person the President determines is, on or after such date of enactment, a leader, official, senior executive officer, or member of the board of directors of, or principal shareholder with a controlling or majority interest in, any of the following Russian energy projects: The Yamal Liquified Natural Gas Product or a successor project.
The Arctic 1, 2, and 3 Liquified Natural Gas Projects or a successor project. Any project in the Arctic region or the Russian Far East carried out after the date of the enactment of this Act. It is the sense of Congress that— countries that rely on Russian energy projects, including Sakhalin-1 and Sakhalin-2, TurkStream 1 and 2, and the Druzhba pipeline, should work to expeditiously end their dependence on such projects and diversify their sources of energy to exports from other countries, including the United States; and the European Union should remain committed to firm deadlines set forth in the RePowerEU Roadmap for the phasing out of energy exported from the Russian Federation.