a free market economy and to exercise their right under 
international law to self-defense. 
(b) ADDITIONAL STATEMENT OF POLICY.—It is fur-
ther the policy of the United States— 
(1) to use its voice, vote, and influence in inter-
national fora to encourage other countries, including 
United States allies, to provide assistance that is 
similar to assistance described in subsection (a) to 
Ukraine; 
(2) to ensure that any relevant sanctions relief 
for the Russian Federation is contingent on the rec-
ognition by the Government of the Russian Federa-
tion of the sovereignty of Ukraine over Crimea as 
well as timely, complete, and verifiable implementa-
tion of the Minsk Agreements, especially the restora-
tion of Ukraine’s control of the entirety of its east-
ern border with the Russian Federation in the con-
flict zone; 
(3) to support Georgia’s sovereignty, independ-
ence, and territorial integrity and the inviolability of 
its borders and to recognize the areas of Abkhazia 
and South Ossetia as regions of Georgia occupied by 
the Russian Federation; and 
(4) to further call on the Government of the 
Russian Federation to take steps to fulfill all the 
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terms and conditions of the 2008 cease-fire agree-
ments with the Government of Georgia, including re-
turning military forces to pre-war positions and en-
suring access to international humanitarian aid to 
all those affected by the conflict. 
SEC. 206. CODIFICATION OF EXECUTIVE ORDERS IMPOSING 
SANCTIONS IN RELATION TO THE SITUATION 
IN UKRAINE. 
(a) IN GENERAL.—The Executive orders specified in 
subsection (b), and sanctions imposed pursuant to such 
Executive orders, shall remain in effect until the date 
specified in section 216. 
(b) EXECUTIVE ORDERS SPECIFIED.—The Executive 
orders specified in this subsection are the following: 
(1) Executive Order 13660 (79 Fed. Reg. 
13493; relating to blocking property of certain per-
sons contributing to the situation in Ukraine). 
(2) Executive Order 13661 (79 Fed. Reg. 
15535; relating to blocking property of additional 
persons contributing to the situation in Ukraine). 
(3) Executive Order 13662 (79 Fed. Reg. 
16169; relating to blocking property of additional 
persons contributing to the situation in Ukraine). 
(4) Executive Order 13685 (79 Fed. Reg. 
77357; relating to blocking property of certain per-
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sons and prohibiting certain transactions with re-
spect to the Crimea region of Ukraine). 
SEC. 207. SANCTIONS WITH RESPECT TO THE DEVELOP-
MENT AND PRODUCTION OF PETROLEUM 
AND NATURAL GAS RESOURCES IN THE RUS-
SIAN FEDERATION. 
(a) DEVELOPMENT OF PETROLEUM AND NATURAL 
GAS RESOURCES OF THE RUSSIAN FEDERATION.— 
(1) IN GENERAL.—The President shall impose 
5 or more of the sanctions described in section 213 
with respect to a person if the President determines 
that the person knowingly, on or after the date of 
the enactment of this Act— 
(A) makes an investment described in 
paragraph (2) of $20,000,000 or more; or 
(B) makes a combination of investments 
described in paragraph (2) in a 12-month pe-
riod if each such investment is of not less than 
$5,000,000 and such investments equal or ex-
ceed $20,000,000 in the aggregate. 
(2) INVESTMENT DESCRIBED.—An investment 
described in this paragraph is an investment that di-
rectly and significantly contributes to the enhance-
ment of the ability of the Russian Federation to de-
velop petroleum or natural gas resources. 
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(b) PRODUCTION OF PETROLEUM PRODUCTS AND 
NATURAL GAS.— 
(1) IN GENERAL.—The President shall impose 
5 or more of the sanctions described in section 213 
with respect to a person if the President determines 
that the person knowingly, on or after the date of 
the enactment of this Act, sells, leases, or provides 
to the Russian Federation goods, services, tech-
nology, information, or support described in para-
graph (2)— 
(A) any of which has a fair market value 
of $1,000,000 or more; or 
(B) that, during a 12-month period, have 
an aggregate fair market value of $5,000,000 
or more. 
(2) GOODS, SERVICES, TECHNOLOGY, INFORMA-
TION, OR
SUPPORT
DESCRIBED.—Goods, services, 
technology, information, or support described in this 
paragraph are goods, services, technology, informa-
tion, or support that could directly and significantly 
facilitate the maintenance or expansion of the pro-
duction of petroleum products or natural gas in the 
Russian Federation, including any direct and signifi-
cant assistance with respect to the construction, 
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modernization, or repair of petroleum refineries and 
natural gas infrastructure. 
SEC. 208. SANCTIONS WITH RESPECT TO THE DEVELOP-
MENT OF PIPELINES IN THE RUSSIAN FED-
ERATION. 
(a) IN GENERAL.—The President shall impose 5 or 
more of the sanctions described in section 213 with respect 
to a person if the President determines that the person 
knowingly, on or after the date of the enactment of this 
Act, makes an investment described in subsection (b), or 
sells, leases, or provides to the Russian Federation, for 
the construction of Russian energy export pipelines, goods, 
services, technology, information, or support described in 
subsection (c)— 
(1) any of which has a fair market value of 
$1,000,000 or more; or 
(2) that, during a 12-month period, have an ag-
gregate fair market value of $5,000,000 or more. 
(b) INVESTMENT DESCRIBED.—An investment de-
scribed in this subsection is an investment that directly 
and significantly contributes to the enhancement of the 
ability of the Russian Federation to construct energy ex-
port pipelines. 
(c) GOODS, SERVICES, TECHNOLOGY, INFORMATION, 
OR SUPPORT DESCRIBED.—Goods, services, technology, 
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