; (B) enhance Europe’s and Eurasia’s regulatory environment with respect to energy; and (C) develop accessible, transparent, and competitive energy markets supplied by diverse sources, types, and routes of energy; and (2) providing support to improve European and Eurasian energy markets, including early-stage project support and late-stage project support for the construction or improvement of energy infrastructure, as necessary, to— (A) diversify the energy sources and supply routes of such countries; (B) enhance energy market integration across the region; and (C) increase competition within energy markets. (b) Project selection (1) In general The Secretary of State, in consultation with the heads of agencies described in subsection (a), shall identify and, in accordance with paragraph (3), select energy infrastructure projects that would be appropriate for United States assistance under this section. (2) Project eligibility A project is eligible for United States assistance under this section if such project is— (A) related to— (i) natural gas infrastructure, such as interconnectors, storage facilities, liquefied natural gas import facilities, or reverse flow capacity; (ii) electricity transmission infrastructure, electricity storage projects, or smart grid projects; (iii) renewable energy projects in wind, solar, tidal, or other forms; or (iv) the improvement, rehabilitation, or construction of electricity generation facilities to increase the efficiency and reliability of electricity production; and (B) located in a European or Eurasian country. (3) Preference In selecting among projects that are eligible under paragraph (2), the Secretary of State and the heads of agencies described in subsection (a) shall give preference to projects that— (A) improve the capacity of energy systems to efficiently transfer gas and electricity within and between European or Eurasian countries