1. Short title This Act may be cited as the Protect European Energy Security Act . 2. Findings Congress finds the following: (1) The Russian Federation is proposing to construct a gas pipeline from Russia to Germany, named the Nord Stream 2 pipeline, the completion of which could address potential increases in European energy consumption but also increase European dependence on Russian energy and have destabilizing effects on the Government of Ukraine if Ukraine loses energy transit fees as a result of construction of the Nord Stream 2 pipeline. (2) According to experts, the Nord Stream 2 pipeline would transport 80 percent of Russia’s current gas exports to Europe through one single pipeline system, which would run counter to the European Union energy policy of energy security and diversification of supply. (3) Section 257(a) of the Countering America’s Adversaries through Sanctions Act of 2017 ( Public Law 115–44 ; 22 U.S.C. 9546(a) ) states in part that it is the policy of the United States— (A) to work with European Union member states and European Union institutions to promote energy security through developing diversified and liberalized energy markets that provide diversified sources, suppliers, and routes