No Iranian Energy Act

Summary#

This bill, called the No Iranian Energy Act, would impose sanctions related to the importation and trade of natural gas involving Iran. It adds natural gas to provisions of the Iran Freedom and Counter-Proliferation Act by amending two sections so that those sections apply to the sale, supply, or transfer to or from Iran of natural gas, except as provided in section 1254. The bill also includes a Sense of Congress that the United States should target Iran's emerging gas industry for sanctions.

What it means for you#

• Entities that sell, supply, or transfer natural gas to or from Iran may become subject to sanctions under the amended law.
• The bill text specifically refers to imposing sanctions with respect to importation of Iranian natural gas by the Government of Iraq.
• No publicly available information on direct effects for individual citizens or other specific groups.

Expenses#

No publicly available information on costs, budget effects, or federal spending related to this bill in the provided text or metadata.

Proponents' View#

The bill states it is the sense of Congress that the United States should target Iran's emerging gas industry for the imposition of sanctions. Sponsors introduced the bill to expand existing sanctions authority to cover natural gas sales, supply, and transfers to or from Iran.

Opponents' View#

No publicly available information on opposing views, criticisms, or formal objections in the provided text or metadata.