This bill extends and strengthens sanctions related to European energy security by modifying the Protecting Europe's Energy Security Act of 2019. Specifically, it removes the president's authority to waive certain sanctions and extends the deadline for these sanctions from their current expiration date to January 1, 2031. The legislation targets foreign entities involved in pipeline projects that could increase European dependence on Russian energy. The bill was introduced by Senators Cruz, Barrasso, Cotton, and Risch and referred to the Senate Committee on Foreign Relations. By eliminating waiver authority and extending the sanctions timeline, the bill aims to prevent energy arrangements that could strengthen Russian influence in Europe.
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