Energy Security Cooperation with Allied Partners in Europe Act of 2023

This bill aims to reduce European reliance on Russian energy by promoting U.S. natural gas exports to NATO allies and partners. It requires the State Department to develop a transatlantic energy strategy within 180 days and expedites LNG export approvals for qualifying countries, including NATO members and Japan. The bill also mandates sanctions on companies investing over $1 million in Russian energy pipelines, targeting projects like Nord Stream 2. These provisions directly affect NATO members, U.S. energy exporters, and entities involved in Russian pipeline development.