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22 U.S.C. § 8573Report on Iranian petroleum and petroleum products exports

submitted 2 years ago by Pub. L. 118-50 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 318 words · no verdicts yet

in plain englishAI-generated · not legal advice

Starting in 2024, the Energy Information Administration must report yearly to Congress on Iran's petroleum exports — how much it exports, to whom (especially China), the companies, ships, and ports involved. The reporting requirement ends once the President certifies Iran has stopped supporting terrorism and abandoned its weapons programs.

(a) In general. Within 120 days after April 24, 2024, and every year after that until the section 8572(i) certification described in subsection (d), the Administrator of the Energy Information Administration must send the appropriate congressional committees a report on Iran's growing petroleum exports, including: (1) an analysis of Iran's petroleum exports and sales, covering (A) Iran's yearly petroleum export and sale revenue since 2018; (B) the same revenue specifically from sales to China since 2018; (C) the barrels of petroleum and crude oil exported per year since 2018; (D) the barrels exported to China per year since 2018; (E) the barrels exported to countries other than China per year since 2018; (F) the average price per barrel exported per year since 2018; and (G) the average price per barrel exported to China per year since 2018; (2) an analysis of how Iran labels its exported petroleum products; (3) a description of the companies involved in exporting and selling Iranian petroleum; (4) a description of the ships involved; and (5) a description of the ports involved. (b) Form. The report must be unclassified, though it may include a classified annex. (c) Publication. The unclassified part of the report must be posted on a public Energy Information Administration website. (d) Termination. The requirement to submit these reports ends on the date the President makes the certification described in section 8572(i) of this title — the certification that Iran has stopped supporting terrorism and dismantled its weapons programs.
the actual law source: uscode.house.gov ↗public domain
(a) In general

Not later than 120 days after April 24, 2024, and annually thereafter until the date described in subsection (d), the Administrator of the Energy Information Administration shall submit to the appropriate congressional committees a report describing Iran’s growing exports of petroleum and petroleum products, that includes the following:

(1)

An analysis of Iran’s exports and sale of petroleum and petroleum products, including—

(A)

an estimate of Iran’s petroleum export and sale revenue per year since 2018;

(B)

an estimate of Iran’s petroleum export and sale revenue to China per year since 2018;

(C)

the amount of petroleum and crude oil barrels exported per year since 2018;

(D)

the amount of petroleum and crude oil barrels exported to China per year since 2018;

(E)

the amount of petroleum and crude oil barrels exported to countries other than China per year since 2018;

(F)

the average price per petroleum and crude oil barrel exported per year since 2018; and

(G)

the average price per petroleum and crude oil barrel exported to China per year since 2018.

(2)

An analysis of Iran’s labeling practices of exported petroleum and petroleum products.

(3)

A description of companies involved in the exporting and sale of Iranian petroleum and petroleum products.

(4)

A description of ships involved in the exporting and sale of Iranian petroleum and petroleum products.

(5)

A description of ports involved in the exporting and sale of Iranian petroleum and petroleum products.

(b) Form

The report required by subsection (a) shall be submitted in unclassified form but may include a classified annex.

(c) Publication

The unclassified portion of the report required by subsection (a) shall be posted on a publicly available website of the Energy Information Administration.

(d) Termination

The requirement to submit reports under this section shall be terminated on the date on which the President makes the certification described in section 8572(i) of this title.

Source credit: (Pub. L. 118–50, div. J, § 4, Apr. 24, 2024, 138 Stat. 967.)

history & why it existsrecord from the source credit
  • 2024Enacted · Pub. L. 118-50 · 138 Stat. 967

A history note hasn’t been published yet. The record shows enactment by Pub. L. 118-50 on 2024-04-24.

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