Implications of Russia Sanctions Legislation on the Energy Sector

April 17, 2019 - 9:00 am

1030 15th St. NW, 12th Floor
Washington, DC

Implications of Russia Sanctions Legislation on the Energy Sector


A conversation with:

Amb. Daniel Fried

Distinguished Fellow, Future Europe Initiative and Eurasia Center

Atlantic Council


Amos Hochstein

Senior Vice President, Marketing

Tellurian, Inc.


David Mortlock

Senior Fellow, Global Energy Center; Partner and Chair, Global Trade & Investment Practice Group

Atlantic Council; Willkie Farr & Gallagher LLP


Caroline Vicini

Deputy Head of Delegation

Delegation of the European Union to the United States


Moderated by:

Amb. Richard Morningstar

Founding Chairman, Global Energy Center

Atlantic Council


Defending American Security from Kremlin Aggression Act (DASKAA) of 2019 was re-introduced in the Senate in February as a bipartisan effort to address Russia’s aggression in Ukraine, interference in democratic processes abroad, and malign activities in Syria. The legislation lays out a suite of economic, political, and diplomatic tools -- several addressing the Russian energy sector and its investors. On April 17, the expert panel will explore the potential effects the sanctions will have on the global LNG markets, new crude oil development, and Russian state energy projects abroad. The audience will learn about potential implications for oil and gas markets, energy projects, and companies if DASKAA becomes law.

 

Join us on Wednesday, April 17, 2019 from 9:00 a.m. to 10:30 a.m. at the Atlantic Council headquarters (1030 15th Street, NW, 12th Floor, Washington, DC 20005) for what promises to be a timely and informative discussion. This event is on-the-record and open to the media. A light breakfast will be served.



On Twitter? Follow @ACGlobalEnergy and @ACGlobalEcon and use the hashtag #ACenergy.



Bios

Amb. Daniel Fried played a key role in designing and implementing American policy in Europe after the fall of the Soviet Union. As special assistant and National Security Council senior director for Presidents Clinton and Bush, ambassador to Poland, and assistant secretary of state for Europe (2005–2009), Ambassador Fried crafted the policy of NATO enlargement to Central European nations and, in parallel, NATO-Russia relations, thus advancing the goal of Europe whole, free, and at peace. Ambassador Fried helped lead the West’s response to Moscow’s aggression against Ukraine starting in 2014: as State Department coordinator for sanctions policy, he crafted US sanctions against Russia, the largest US sanctions program to date, and negotiated the imposition of similar sanctions by Europe, Canada, Japan, and Australia.


Ambassador Fried became one of the US government’s foremost experts on Central and Eastern Europe and Russia. He joined the US Foreign Service in 1977, serving overseas in Leningrad (human rights, Baltic affairs, and consular officer), and Belgrade (political officer), and in the Office of Soviet Affairs in the State Department. As Polish desk officer in the late 1980s, he was one of the first in Washington to recognize the impending collapse of Communism in Poland, and helped develop the immediate response of the George H.W. Bush Administration to these developments. Ambassador Fried received a BA in Soviet studies and history at Cornell University, and received an MA from Columbia’s Russian Institute and School of International Affairs.


Amos Hochstein joined Tellurian in 2017 and is currently the senior vice president of marketing. Prior to joining the company, Amos served as the US special envoy for international energy affairs and led the US Department of State's Bureau of Energy Resources. As the US "energy diplomat," Mr. Hochstein oversaw global US energy foreign policy engagement and advised the secretary of state and the vice president of the US on global energy markets. As special envoy, Mr. Hochstein led the engagement to strengthen Europe's energy security through diversification of natural gas resources; authored the White House Caribbean Energy Security Initiative; chaired the president's US – Caribbean and US – Central America Energy Security Task Force; led US efforts to promote global fuel switching to natural gas and develop stronger natural gas markets throughout Asia and South Asia, and; working closely with the Department of Defense, Mr. Hochstein led the US efforts to diminish the Islamic State in Iraq and the Levant and other terrorist groups' profits from energy assets. Prior to serving in the State Department, Mr. Hochstein served in a variety of senior level positions on Capitol Hill and advised energy companies entering and developing new markets.



David Mortlock is a nonresident senior fellow with the Atlantic Council’s Global Energy Center. He is a partner at the law firm Willkie Farr & Gallagher, where he focuses on sanctions, export controls, and other international trade issues. Previously, he was director for international economic affairs at the White House National Security Council. He has served in various positions at the US Department of State, including deputy coordinator for sanctions policy and attorney-adviser for sanctions and terror finance. David was centrally involved in the development of the sanctions programs for Russia and Iran, including restrictions on those countries' energy sectors. He also worked to ease the sanctions programs for Burma and Cuba.



Caroline Vicini serves as the deputy head of the delegation of the European Union to the United States in Washington, DC. Prior to joining the delegation, Ms. Vicini served as chief of protocol, with the rank of ambassador, at the Ministry for Foreign Affairs in Stockholm, Sweden. During her five years in this position, she was the focal point on all issues related to the Vienna Convention for Stockholm’s 109 foreign missions, and in charge of all high-level visits to the Swedish government. Ms. Vicini has also served as the deputy chief of mission at the Swedish Embassies both in Dublin and Washington, DC. Ms. Vicini’s earlier postings include Algiers, Paris, and Rome, where she also worked at the headquarters of the World Food Program. Ms. Vicini has a master’s in business administration from the School of Economics at Gothenburg University.



Amb. Richard L. Morningstar is the founding chairman of the Global Energy Center and a board director at the Atlantic Council. He served as the US ambassador to the Republic of Azerbaijan from July 2012 to August 2014. Prior to his appointment, he was the secretary of state's special envoy for Eurasian energy (2009-2012). Previously, he lectured at the Kennedy School of Government at Harvard and Stanford Law School. From June 1999 to September 2001, he served as United States ambassador to the European Union. Prior to this, Morningstar served as special adviser to the president and secretary of state for Caspian Basin energy diplomacy. From April 1995 to July 1998, he served as ambassador and special adviser to the president and secretary of state on assistance for the new independent states (NIS) of the former Soviet Union, where he oversaw all US bilateral assistance and trade investment activities in the NIS. From 1993 to 1995, he served as senior vice president of the Overseas Private Investment Corporation (OPIC). Morningstar received his BA from Harvard in 1967 and JD from Stanford Law School in 1970.





Back