EU and Russian Energy Diversification

Summary#

This resolution states the Senate’s support for the European Union’s efforts to reduce reliance on Russian fossil fuels. It welcomes U.S. sanctions on Rosneft and Lukoil and calls on allies to end contracts with those companies and coordinate further sanctions. It also urges Hungary and other buyers of Russian energy to follow the REPowerEU timeline and opposes efforts to revive the Nord Stream I and II pipelines.

What it means for you#

The resolution states the Senate’s position on energy and relations with Russia and its partners. It does not describe changes to individual energy use or services.

Expenses#

No publicly available information.

Proponents' View#

The resolution says reducing Europe’s reliance on Russian energy can help deny Russia revenue used to fund its war in Ukraine. It supports coordinated action by the United States, the Group of Seven, the European Union, and the United Kingdom.

Opponents' View#

No publicly available information.