,,ii  #aag? ,,congress  #a/ ,session    
,s4 #bhde  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,septemb] #bc1         
#bjba,mr4 ,sullivan introduc$ ! foll[+  
bill2 :i* 0 read twice & ref]r$ to !    
,committee on ,=eign ,relations  ,a     
,,bill  ,to provide support = en]gy     
infra/ructure projects 9 !              
,indo-,pacific region1 & = o!r purposes4
  #a4 ,%ort title ,?is ,act may be cit$ 
z ! ,indo-,pacific ,/rategic ,en]gy     
,initiative ,act4  #b4 ,f9d+s ,congress 
makes ! foll[+ f9d+s3 7#a7 ,! ,unit$    
,/ates curr5tly has an approximately    
#ajj-ye> supply ( natural gas4  7#b7    
,natural gas w see increas+ global dem& 
& use beyond #bjej4  7#c7 ,unit$ ,/ates 
natural gas production increas$ by #ed  
p]c5t f #bjje to #bjag4 ,at ! same "t1  
total ,unit$ ,/ates c>bon dioxide       
emissions decreas$ by #ad p]c5t4 ,!     
natural gas %>e ( electricity production
 increas$ f #ai p]c5t 9 #bjje to #cb    
p]c5t 9 #bjag4  7#d7 ,betwe5 #bjje &    
#bjai1 c>bon dioxide emissions f !      

,unit$ ,/ates p[] sector decl9$ by #cc  
p]c5t1 ) fuel swit*+ to natural gas1    
acc\nt+ = m ?an half ( ^? r$uctions4    
,dur+ t p]iod1 ! ,unit$ ,/ates economy  
grew by #bj p]c5t1 ,unit$ ,/ates en]gy  
consumption fell by #b p]c5t1 & p]      
capita emissions dropp$ to _! l[e/      
levels s9ce #aiej4  7#e7 ,betwe5 #aiij &
 #bjah1 ! natural gas & oil indu/ry     
r$uc$ me?ane emissions by #bc4f p]c5t   
?r\gh volunt>y actions1 :ile exp&+      
production by #gj p]c5t4  7#f7 ,dem& 9 !
 ,unit$ ,/ates & globally = clean-burn+ 
natural gas & liquefi$ natural gas w    
cont9ue to increase ov] ! next sev]al   
decades1 ev5 z r5ewable en]gy res\rces  
increase4  7#g7 ,dem& = natural gas is  
ris+ 9 ! ,indo-,pacific region1         
p>ticul>ly z c\ntries look to make      
emissions cuts & transition f high]     
emissions fuel s\rces4  7#h7 ,! exp&+   
numb] ( infra/ructure projects 9 !      
,indo-,pacific region1 c>ri$ out "u !   
,belt & ,road ,initiative1 is lead+ to  
high] emissions 9 ! region4  7#i7       

,accord+ to ! ,int]national ,en]gy      
,ag5cy1 ,! numb] ( c\ntries & t]ritories
 ) liquefi$ natural gas import t]m9als  
has gr[n f n9e 9 #bjjj to #db 9 #bjbj44 
,fur!r1 ! ,int]national ,en]gy ,ag5cy   
has f\nd t transitions 9 ,asian gas     
m>kets are ev5 m important 9 ! wid]     
context ( global clean en]gy            
transitions1 :]e natural gas w be       
requir$ to make a m flexible            
contribution z ! %>e ( v>iable r5ewable 
en]gy s\rces gr[s & coal use            
progressively decl9es4  7#aj7 ,! ,unit$ 
,/ates saw a #ff4c-p]c5t increase 9     
liquefi$ natural gas exports & an       
#aa4b-p]c5t increase 9 oil production 9 
#bjai4  7#aa7 ,z a result ( ! natural   
gas revolution1 ! ,unit$ ,/ates         
petroleum trade deficit 9 doll>s fell f 
ab\t #cbj1jjj1jjj1jjj 9 #bjjg to ab\t   
#c1jjj1jjj1jjj 9 #bjbj1 z net imports   
decl9$4  7#ab7 ,au/ralia & ! ,unit$     
,/ates are bo? important global en]gy   
export]s & ?us h a %>$ int]e/ 9 supply+ 
! gr[+ en]gy dem& 9 ! ,indo-,pacific    

region4  7#ac7 ,japanese companies h    
long inve/$ 9 ,unit$ ,/ates liquefi$    
natural gas projects1 includ+ !         
,gov]nm5t ( ,japan %ift+ f rely+ on     
liquefi$ natural gas f ! ,middle ,ea/ to
 liquefi$ natural gas f ! ,unit$ ,/ates4
  7#ad7 ,! ,p's ,republic ( ,*9a        
curr5tly is "o ( ! l>ge/ f9anci]s (     
ov]seas en]gy & gre5h\se gas int5sive   
projects4 ,! ,p's ,republic ( ,*9a also 
uses ^? inve/m5ts to project its        
influ5ce & secure critical m9]als supply
 *a9s & infra/ructure4  #c4 ,s5se (     
,congress ,x is ! s5se ( ,congress t--  
7#a7 ! ,unit$ ,/ates reaffirms its      
commitm5t to quadrilat]al coop]ation )  
,japan1 ,india1 & ,au/ralia             
7collectively1 ) ! ,unit$ ,/ates1 kn[n z
 ! ,quad71 & t ,unit$ ,/ates %\ld       
cont9ue to pursue /r5g!n+ coop]ation 9 !
 en]gy sector 9 light ( ! global ?reats 
& *all5ges fac+ all #d c\ntries2  7#b7 !
 ,association ( ,s\!a/ ,asian ,nations  
7commonly ref]r$ to z ,,asean7 & its #aj
 memb]s 7,brunei1 ,cambodia1 ,indonesia1

 ,laos1 ,malaysia1 ,myanm>1 !           
,philipp9es1 ,s+apore1 ,?ail&1 &        
,vietnam7 h work$ ) ! ,unit$ ,/ates t[>d
 /ability1 prosp]ity1 & peace 9 ,s\!a/  
,asia1 & ,,asean w cont9ue to rema9 a   
/rong1 reliable1 & active economic &    
/rategic p>tn] 9 ! ,indo-,pacific       
region2  7#c7 ! ,unit$ ,/ates & !       
,republic ( ,korea enjoy a compreh5sive 
alliance p>tn]%ip1 f\nd$ 9 %>$ /rategic 
int]e/s & cem5t$ by a commitm5t to      
democratic values1 :i* includes         
recogniz+ ! important role ( en]gy      
coop]ation ?r\gh ! ,unit$               
,/ates-,republic ( ,korea ,en]gy        
,security ,dialogue2 &  7#d7 ! ,unit$   
,/ates has economic1 national security1 
& dome/ic int]e/s 9 assi/+ allies &     
p>tn]s 9 ,indo-,pacific c\ntries to     
r$uce gre5h\se gas emissions & a*ieve   
en]gy security ?r\gh div]sification ( _!
 en]gy s\rces & supply r\tes4  #d4      
,/atem5t ( policy ,x is ! policy ( !    
,unit$ ,/ates-- 7#a7 to engage & lead on
 int]national emissions r$uctions &     

adaptation1 includ+ assi/+ allies &     
p>tn]s 9 r$uc+ high] emissions fuel     
s\rces ?r\gh exports ( clean]-burn+     
,unit$ ,/ates-produc$ fuels &           
emission-r$uction te*nologies2  7#b7 to 
advance ,unit$ ,/ates =eign policy &    
developm5t goals by assi/+ allies &     
p>tn]s ( ! ,unit$ ,/ates 9 !            
,indo-,pacific region to decrease _!    
dep5d5ce on en]gy res\rces f c\ntries t 
use en]gy dep5d5ce to co]ce1 intimidate1
 & influ5ce o!r c\ntries2  7#c7 to      
develop /rategies to c\nt] competition f
 ! ,russian ,f$]ation & ! ,p's ,republic
 ( ,*9a to protect ! en]gy & national   
security ( ! ,unit$ ,/ates & ! en]gy &  
national security ( allies & p>tn]s ( ! 
,unit$ ,/ates 9 ! ,indo-,pacific region2
  7#d7 to support free & op5 trade 9    
clean-burn+ en]gy products & promote !  
cont9u$ developm5t ( l[]-emissions en]gy
 fuels & te*nologies 9 ! ,indo-,pacific 
region2  7#e7 to improve free1 fair1 &  
reciprocal en]gy trad+ relation%ips )   
allies & p>tn]s ( ! ,unit$ ,/ates 9 !   

,indo-,pacific region2  7#f7 to promote 
! en]gy security ( allies & p>tn]s ( !  
,unit$ ,/ates 9 ! ,indo-,pacific region 
by enc\rag+ ! developm5t ( en]gy        
infra/ructure & accessible1 transp>5t1 &
 competitive en]gy m>kets t provide     
div]sifi$ s\rces1 types1 & r\tes (      
en]gy2  7#g7 to enc\rage public &       
private sector inve/m5t 9 l[]-emissions 
en]gy infra/ructure projects 9 !        
,indo-,pacific region2  7#h7 to supply  
c\ntries t rely on high] emitt+ fuel    
s\rces ) clean] burn+ & abundant        
alt]natives2 &  7#i7 to help facilitate 
! export ( ,unit$ ,/ates en]gy res\rces1
 te*nology1 & exp]tise to global m>kets 
9 a way t b5efits ! en]gy security (    
allies & p>tn]s ( ! ,unit$ ,/ates 9 !   
,indo-,pacific region4  #e4 ,en]gy      
infra/ructure project support  7a7 ,9   
g5]al ,! ,secret>y ( ,/ate1 9           
consultation ) ! ,secret>y ( ,en]gy1 !  
heads ( o!r relevant ,unit$ ,/ates      
ag5cies1 & en]gy-import+ allies & p>tn]s
 ( ! ,unit$ ,/ates1 %all1 z appropriate1

 prioritize & exp$ite ! ef=ts ( !       
,dep>tm5t ( ,/ate1 ! ,dep>tm5t ( ,en]gy1
 & su* o!r ag5cies 9 support+ !         
gov]nm5ts ( ,japan1 ,india1 ,au/ralia1 &
 o!r l-m9d$ ,indo-,pacific c\ntries     
7includ+ memb] c\ntries ( ,,asean & !   
,republic ( ,korea7 to increase _! en]gy
 security & r$uce en]gy emissions1      
includ+ ?r\gh-- 7#a7 provid+ diplomatic 
& political support to ^? gov]nm5ts1 z  
necess>y-- 7,a7 to facilitate           
int]national negotiations conc]n+       
cross-bord] infra/ructure2  7,b7 to     
enhance ! regulatory environm5t )       
respect to en]gy projects 9 !           
,indo-,pacific region2 &  7,c7 to       
develop accessible1 transp>5t1 &        
competitive en]gy m>kets suppli$ by     
div]se s\rces1 types1 & r\tes ( en]gy2 &
  7#b7 provid+ support-- 7,a7 to improve
 en]gy m>kets 9 ! ,indo-,pacific region1
 includ+ e>ly-/age project support &    
late-/age project support = !           
con/ruction or improvem5t ( en]gy       
projects & relat$ infra/ructure p]ta9+  

to emissions r$uction2  7,b7 to div]sify
 ! en]gy s\rces & supply r\tes (        
,indo-,pacific c\ntries2 &  7,c7 to     
enhance en]gy m>ket integration across !
 region4  7b7 ,project selection  7#a7  
,id5tification ,! ,secret>y ( ,/ate1 !  
,secret>y ( ,comm]ce1 & ! ,secret>y (   
,en]gy %all id5tify en]gy infra/ructure 
projects t w\ld be appropriate = ,unit$ 
,/ates assi/ance "u ?is section4  7#b7  
,eligibility ,a project is eligible =   
,unit$ ,/ates assi/ance "u ?is section  
if ! project-- 7,a7 has be5 id5tifi$ by 
! ,secret>y ( ,/ate1 ! ,secret>y (      
,comm]ce1 & ! ,secret>y ( ,en]gy z      
promot+ en]gy security 9 !              
,indo-,pacific region or ! c\ntry 9 :i* 
! project is locat$2  7,b7 promotes !   
r$uction ( gre5h\se gas & c>bon dioxide 
emissions2 &  7,c7 is locat$ 9 an       
,indo-,pacific c\ntry4  7#c7 ,pref]5ce  
,9 select+ projects = ,unit$ ,/ates     
assi/ance "u ?is section1 ! ,secret>y ( 
,/ate1 ! ,secret>y ( ,comm]ce1 & !      
,secret>y ( ,en]gy %all give pref]5ce to

 projects t-- 7,a7 are expect$ to       
enhance en]gy m>ket integration2 or     
7,b7 h ! pot5tial to use goods & s]vices
 ( ! ,unit$ ,/ates1 ano!r ,quad c\ntry1 
a memb] c\ntry ( ,,asean1 or ! ,republic
 ( ,korea1 dur+ project implem5tation4  
7c7 ,diplomatic & political support ,!  
,secret>y ( ,/ate %all provide          
diplomatic & political support to !     
gov]nm5ts ( ,japan1 ,india1 ,au/ralia1 &
 o!r l-m9d$ ,indo-,pacific c\ntries     
7includ+ memb] c\ntries ( ,,asean & !   
,republic ( ,korea71 z necess>y1 includ+
 by us+ ! diplomatic & political        
influ5ce & exp]tise ( ! ,dep>tm5t (     
,/ate to build ! capacity ( ^? c\ntries 
to resolve any imp$im5ts to ! developm5t
 ( projects select$ "u subsection 7b74  
7d7 ,project support ,! ,director ( !   
,trade & ,developm5t ,ag5cy %all provide
 e>ly-/age project support ) respect to 
projects select$ "u subsection 7b74  #f4
 ,infra/ructure fund+  7a7 ,e/abli%m5t (
 /rategic en]gy portfolio ( ! ,unit$    
,/ates ,int]national ,developm5t ,f9ance

 ,corporation ,title ,v ( ! ,bett]      
,utilization ( ,inve/m5ts ,lead+ to     
,developm5t ,act ( #bjah 7#bb ,u4,s4,c4 
#ifga et seq47 is am5d$ by add+ at ! end
 ! foll[+3  #adee4 ,/rategic en]gy      
portfolio ,! ,corporation-- 7#a7 may    
provide support "u title ,,ii = projects
 relat$ to importation ( liquefi$       
natural gas & g5]ation ( l[ emission    
electricity & o!r en]gy1 includ+ = su*  
projects ( entities own$ or controll$ by
 ! gov]nm5t ( a =eign c\ntry2  7#b7 may 
n prohibit1 re/rict1 or o!rwise imp$e ! 
provision ( support on ! basis ( ! type 
( en]gy involv$ 9 a project2 &  7#c7    
%\ld1 9 provid+ support au?oriz$ by     
p>agraph 7#a71 coord9ate ) ! ,japan     
,bank = ,int]national ,coop]ation & !   
,gov]nm5t ( ,au/ralia pursuant to !     
trilat]al memor&um ( und]/&+ on         
developm5t f9ance sign$ on ,novemb] #ab1
 #bjah4  4  7b7 ,promotion ( en]gy      
exports by ,export-,import ,bank ( !    
,unit$ ,/ates ,! ,export-,import ,bank  
,act ( #aide 7#ab ,u4,s4,c4 #fce et     

seq47 is am5d$ by add+ at ! end !       
foll[+3  #af4 ,/rategic en]gy portfolio 
7a7 ,9 g5]al ,! ,bank %all e/abli% a    
/rategic en]gy portfolio focus$ on      
provid+ f9anc+ 7includ+ loans1          
gu>antees1 & insurance7 = projects      
describ$ 9 subsection 7b7 t may         
facilitate-- 7#a7 increases 9 exports ( 
,unit$ ,/ates en]gy commodities2 or     
7#b7 ! export ( ,unit$ ,/ates equipm5t1 
mat]ials1 & te*nology4  7b7 ,projects   
describ$ ,a project describ$ 9 ?is      
subsection is a project relat$ to-- 7#a7
 con/ruction ( liquefi$ natural gas     
import t]m9als2  7#b7 comm]cialization (
 c>bon capture1 utilization1 & /orage2  
7#c7 developm5t ( blue hydrog5          
infra/ructure2 or  7#d7 o!r l[ emission 
en]gy infra/ructure4  4  7c7 ,private & 
=eign public sector inve/m5t  7#a7      
,private sector inve/m5t ,! ,secret>y ( 
,comm]ce & ! ,secret>y ( ,/ate %all     
promote ! fund+ ( projects select$ "u   
section #e among ,unit$ ,/ates en]gy    
produc]s & export]s4  7#b7 ,=eign public

 sector inve/m5t ,! heads ( ! ag5cies   
describ$ 9 section #e7;a7 may1 = !      
purposes ( ?is ,act1 p>tn] & coord9ate )
 public & multilat]al f9ancial          
in/itutions & export cr$it ag5cies (    
,japan1 ,india1 ,au/ralia1 & o!r        
,indo-,pacific c\ntries 7includ+ memb]  
c\ntries ( ,,asean & ! ,republic (      
,korea71 su* z ! ,japan ,bank =         
,int]national ,coop]ation4  #g4 ,report+
  7a7 ,9 g5]al ,n lat] ?an "o ye> aft] !
 date ( ! enactm5t ( ?is ,act1 &        
annually !reaft]1 ! ,presid5t %all      
submit to ! appropriate congressional   
committees a report on progress made 9  
provid+ assi/ance = projects "u ?is ,act
 t includes-- 7#a7 a description ( !    
en]gy infra/ructure projects ! ,unit$   
,/ates has id5tifi$ = su* assi/ance2 &  
7#b7 = ea* su* project-- 7,a7 a         
description ( ! role ( ! ,unit$ ,/ates 9
 ! project1 includ+ 9 e>ly-/age project 
support & late-/age project support2    
7,b7 ! am\nt & =m ( any debt f9anc+ &   
insurance provid$ by ! ,unit$ ,/ates    

,gov]nm5t = ! project z well z any      
coord9ation ) =eign public f9ancial     
in/itutions or export cr$it ag5cies2    
7,c7 ! am\nt & =m ( any debt f9anc+ &   
insurance provid$ by =eign public       
f9ancial in/itutions or export cr$it    
ag5cies2  7,d7 ! am\nt & =m ( any       
e>ly-/age project support2 &  7,e7 an   
update on ! progress made on ! project z
 ( ! date ( ! report4  7b7 ,appropriate 
congressional committees def9$ ,9 ?is   
section1 ! t]m appropriate congressional
 committees means-- 7#a7 ! ,committee on
 ,=eign ,relations1 ! ,committee on     
,en]gy & ,natural ,res\rces1 & !        
,committee on ,environm5t & ,public     
,works ( ! ,s5ate2 &  7#b7 ! ,committee 
on ,=eign ,affairs1 ! ,committee on     
,en]gy & ,comm]ce1 & ! ,committee on    
,natural ,res\rces ( ! ,h\se (          
,repres5tatives4