; or (2) that, during a 12-month period, have an aggregate fair market value of $5,000,000 or more. (b) Investment described An investment described in this subsection is any contribution of assets, including a loan guarantee or any other transfer of value, that directly and significantly contributes to the enhancement of the ability of the Government of the Russian Federation, or any entity owned or controlled by that government, to construct energy export pipelines. (c) Goods, services, technology, information, or support described Goods, services, technology, information, or support described in this subsection are goods, services, technology, information, or support that could directly and significantly facilitate the maintenance or expansion of the construction, modernization, or repair of energy export pipelines by the Government of the Russian Federation or any entity owned or controlled by that government. (d) Presidential waiver authority and notice to Congress (1) Presidential waiver authority The President may waive the application of sanctions under this section if the President determines that it is in the national security interests of the United States to waive such sanctions. (2) Notice to Congress Not less than 15 days before taking action to waive the application of sanctions under paragraph (1), the President shall submit to the Committee on Foreign Relations of the Senate and the Committee on Foreign Affairs of the House of Representatives a notification of, and written justification for, the action.