,,ii  #aacth ,,congress  #b;d ,session  
,s4 #bdcc  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,june #e1 #bjad
 ,mr4 ,markey introduced the following  
bill2 which was read twice and referred 
to the ,committee on ,foreign ,relations
  ,a ,,bill  ,to provide assistance to  
,ukraine to reduce the dependence of    
,ukraine on imports of natural gas from 
the ,russian ,federation1 and for other 
purposes4  #a4 ,short title  ,this ,act 
may be cited as the ,ukrainian          
,independence from ,russian ,energy     
,act4  #b4 ,findings ,congress makes the
 following findings3 7#a7 ,ukraine is   
dependent on natural gas supplies from  
the ,russian ,federation to meet more   
than half of demand in ,ukraine4  7#b7  
,entities owned by the ,government of   
the ,russian ,federation have           
manipulated natural gas supplies and    
prices in ,ukraine in order to gain     
geopolitical leverage over ,ukraine and 
neighboring countries of ,ukraine4  7#c7
 ,energy subsidies provided by the      

,government of ,ukraine amount to       
roughly #h percent of the gross domestic
 product of ,ukraine and make energy    
markets opaque1 inefficient1 and        
susceptible to corruption4  7#d7        
,ukraine is the second-least energy     
efficient country in the world4  7#e7   
,the ,international ,energy ,agency has 
estimated that if the economy of        
,ukraine were as energy efficient as the
 average country in ,europe1 ,ukraine   
would reduce natural gas consumption by 
greater than #ej percent4  7#f7 ,the    
level of savings from the reduction     
described in paragraph 7#f7 could nearly
 eliminate the dependence of ,ukraine on
 imports of natural gas from the        
,russian ,federation4  7#g7 ,the ,world 
,bank ,group has estimated that ,ukraine
 could reduce the amount of natural gas 
used for heating by #ej percent through 
efficiency measures4  7#h7 ,on ,april   
#be1 #bjad1 a coalition of #ce cities in
 ,ukraine sent a letter urgently        
requesting assistance in increasing the 

energy efficiency of their buildings1   
district heating systems1 and           
transportation networks in order to     
reduce dependence on imports of natural 
gas from the ,russian ,federation4  7#i7
 ,a #ag1jjj1jjj1jjj loan package from   
the ,international ,monetary ,fund to   
help stabilize the economy of ,ukraine  
requires reforms of energy markets in   
,ukraine and includes provisions to     
gradually eliminate energy subsidies1   
which will raise retail natural gas     
rates by #ef percent in #bjad1 #dj      
percent in #bjae1 and #bj percent in    
#bjaf and #bjag4  7#aj7 ,absent large   
reductions in energy consumption1 the   
rate increases mandated by the          
,international ,monetary ,fund loan     
package from the ,international         
,monetary ,fund could have devastating  
impacts on low-income households in     
,ukraine4  7#aa7 ,ukraine is estimated  
to have significant conventional and    
unconventional oil and gas reserves1    
which are mostly untapped4  7#ab7 ,the  

,international ,energy ,agency has      
estimated that ,ukraine possesses       
natural gas reserves of approximately   
#e1djj1jjj1jjj1jjj cubic meters1        
although the annexation of ,crimea by   
the ,russian ,federation may impact     
,ukraine's recoverable oil and gas      
reserves4  7#ac7 ,exports of liquefied  
natural gas from the ,united ,states to 
,ukraine would not provide assistance   
for ,ukraine in the short term and would
 be unlikely to reach ,ukraine in the   
long term because-- 7,a7 of natural gas 
global market dynamics2  7,b7 there are 
no liquefied natural gas import         
facilities in ,ukraine2 and  7,c7 the   
,government of ,turkey has indicated it 
would block shipments of liquefied      
natural gas through the ,bosphorus      
,strait because of safety concerns4  #c4
 ,policy on supporting energy           
independence of ,ukraine ,it is the     
policy of the ,united ,states to use all
 resources of the ,united ,states       
,government-- 7#a7 to coordinate with   

multi-donor efforts to reform energy    
subsidies provided by the ,government of
 ,ukraine and energy markets in         
,ukraine2  7#b7 to encourage private    
sector investment in the energy sector  
of ,ukraine2  7#c7 to protect low-income
 households in ,ukraine from dramatic   
increases in energy rates2  7#d7 to     
increase transparency and reduce        
corruption in the energy sector of      
,ukraine2  7#e7 to improve energy       
efficiency1 increase domestic energy    
supplies1 and develop alternative       
sources of energy in ,ukraine in order  
to reduce the reliance of ,ukraine on   
energy from the ,russian ,federation2   
and  7#f7 to increase the capacity of   
agencies of the ,government of ,ukraine1
 nongovernmental organizations1 and     
private entities to administer and      
manage energy efficiency and energy     
security-related projects in ,ukraine4  
#d4 ,assistance from the united states  
agency for international development    
7a7 ,in general ,the ,administrator of  

the ,united ,states ,agency for         
,international ,development shall1 in   
fiscal years #bjae through #bjag-- 7#a7 
prioritize1 to the extent feasible1 the 
provision of direct assistance to       
,ukraine to improve energy efficiency1  
increase energy supplies produced in    
,ukraine1 and reduce reliance on energy 
imports from the ,russian ,federation   
through measures described in subsection
 7b72 and  7#b7 through the ,development
 ,credit ,authority1 make loan1 lease1  
and bond guarantees to appropriate      
financial institutions and other        
eligible borrowers to facilitate the    
involvement of such institutions and    
other borrowers in financing and        
expanding efforts in ,ukraine to improve
 energy efficiency1 increase energy     
supplies produced in ,ukraine1 and      
reduce reliance on energy imports from  
the ,russian ,federation through        
measures described in subsection 7b74   
7b7 ,measures described ,the measures   
described in this subsection include--  

7#a7 replacing inefficient boilers2     
7#b7 upgrading district heating systems2
  7#c7 improving metering and           
measurement systems for natural gas use 
and heating2  7#d7 upgrading natural gas
 and heat distribution systems1         
including pipes that leak or are poorly 
insulated2  7#e7 improving the          
efficiency of buildings2  7#f7 reducing 
losses in natural gas transmission      
systems2  7#g7 improving the efficiency 
of compressor stations2  7#h7 improving 
efficiency in the industrial sector2    
7#i7 legal and regulatory support       
focused on natural gas and electricity  
market rules1 regulations1 and          
transparency1 developed in accordance   
with the terms of the stand-by          
arrangement between the ,international  
,monetary ,fund and ,ukraine1 approved  
in ,april #bjad2  7#aj7 support for     
structuring of gas and electricity      
markets with cost-reflective pricing1   
developed in accordance with the terms  
of the stand-by arrangement2  7#aa7     

encouraging greater natural gas and     
electricity interconnections between    
,ukraine and neighboring countries2     
7#ab7 developing renewable sources of   
energy2 and  7#ac7 developing energy    
transmission1 refining1 and storage     
facilities4  7c7 ,authorization of      
appropriations ,there is authorized to  
be appropriated to the ,administrator of
 the ,united ,states ,agency for        
,international ,development #aj1jjj1jjj 
for each of fiscal years #bjae through  
#bjag to carry out this section4  #e4   
,assistance from the ,department of     
,state  7a7 ,in general ,the ,secretary 
of ,state shall1 in fiscal years #bjae  
through #bjag1 coordinate the activities
 of ,united ,states agencies related to 
the energy sector of ,ukraine and       
prioritize1 to the extent feasible1     
support and technical assistance to     
increase responsible production in and  
transparency of the natural gas sector  
in ,ukraine through measures that       
include-- 7#a7 resource and technology  

assessments2  7#b7 evaluation of        
production capabilities2  7#c7 economic 
assessments of potential resources2 and 
7#d7 dissemination of international best
 practices and provision of legal and   
regulatory information and guidance to  
help establish energy policies that--   
7,a7 protect public health and safety2  
7,b7 protect the environment2  7,c7     
effectively manage royalties and        
revenue2 and  7,d7 increase transparency
 and reduce corruption4  7b7            
,authorization of appropriations ,there 
is authorized to be appropriated to the 
,secretary of ,state #b1ejj1jjj for each
 of fiscal years #bjae through #bjag to 
carry out this section4  #f4 ,promotion 
of ,united ,states private sector       
participation in energy efficiency and  
energy development in ,ukraine  7a7 ,in 
general ,the ,director of the ,trade and
 ,development ,agency shall promote     
,united ,states private sector efforts  
to help improve energy efficiency1      
develop domestic oil and natural gas    

reserves1 and develop renewable sources 
of energy in ,ukraine by-- 7#a7         
conducting and funding project          
preparation activities1 feasibility     
studies1 technical assistance1 pilot    
projects1 reverse trade missions1       
conferences1 and workshops2 and  7#b7   
providing any other assistance that the 
,director considers appropriate to      
promote such efforts4  7b7              
,authorization of appropriations ,there 
is authorized to be appropriated to the 
,director of the ,trade and ,development
 ,agency #a1jjj1jjj for each of fiscal  
years #bjae through #bjag to carry out  
this section4  #g4 ,support from the    
,overseas ,private ,investment          
,corporation ,the ,overseas ,private    
,investment ,corporation shall-- 7#a7   
prioritize support for investments to   
help increase energy efficiency1 develop
 domestic oil and natural gas reserves1 
and develop renewable sources of energy 
in ,ukraine2 and  7#b7 implement        
procedures for expedited review of and1 

as appropriate1 approval of1            
applications by eligible investors 7as  
defined in section #bch of the ,foreign 
,assistance ,act of #aifa 7#bb ,u4,s4,c4
 #baih77 for loans1 loan guarantees1 and
 insurance for such investments4  #h4   
,support from the ,export-,import ,bank 
of the ,united ,states ,the ,board of   
,directors of the ,export-,import ,bank 
of the ,united ,states shall take prompt
 measures1 consistent with the credit   
standards otherwise required by law1 to 
promote the expansion of the financial  
commitments of the ,bank under the loan1
 guarantee1 and insurance programs and  
special financing programs of the ,bank 
for projects to improve energy          
efficiency1 develop domestic oil and    
natural gas reserves1 and develop       
renewable sources of energy in ,ukraine4
  #i4 ,prioritization of energy         
efficiency and domestic energy projects 
in ,ukraine by the ,world ,bank ,group  
and the ,european ,bank for             
,reconstruction and ,development ,the   

,president shall direct the ,united     
,states ,executive ,directors of the    
,world ,bank ,group and the ,european   
,bank for ,reconstruction and           
,development to use the voice1 vote1 and
 influence of the ,united ,states to    
encourage the ,world ,bank ,group and   
the ,european ,bank for ,reconstruction 
and ,development and other international
 financial institutions to invest in1   
and increase their efforts to promote   
investment in1 projects to improve      
energy efficiency1 develop domestic oil 
and natural gas reserves1 and develop   
renewable sources of energy in ,ukraine1
 and to stimulate private investment in 
such projects4  #aj4 ,effectiveness     
measurement ,in providing loan          
guarantees1 assistance1 and support     
pursuant to this ,act and in            
prioritizing the projects described in  
this ,act1 the ,president and the heads 
and other appropriate officials of the  
,united ,states ,agency for             
,international ,development1 the ,trade 

and ,development ,agency1 the ,overseas 
,private ,investment ,corporation1 and  
the ,export-,import ,bank of the ,united
 ,states shall ensure that the          
effectiveness of such guarantees1       
assistance1 support1 and projects is    
measured through the use of clear1      
accountable1 and metric-based targets   
aimed at achieving enhanced energy      
security for ,ukraine4  #aa4 ,briefing  
on alternative pipeline access and      
supplies for ,ukraine ,not later than   
#cj days after the date of the enactment
 of this ,act1 the ,secretary of ,state 
shall provide to the ,committee on      
,foreign ,relations of the ,senate and  
the ,committee on ,foreign ,affairs of  
the ,house of ,representatives a        
briefing on-- 7#a7 the economic and     
political viability of transporting     
natural gas supplies into ,ukraine from 
countries other than the ,russian       
,federation through the reversal of     
existing pipeline flows or through new  
or expanded pipelines2 and  7#b7 the    

potential to reduce natural gas         
consumption in ,ukraine through         
efficiency measures or through the use  
of alternative sources of energy4