Energy Security Pacts Act
S. 4392
S. 4392
04/27/26
The Energy Security Pacts Act authorizes the Secretary of State to establish long-term Energy Security Pacts to build energy infrastructure in partner countries, and strengthen the energy and economic security of the U.S. and its allies. The bill creates an Office of Energy Security Pacts within the State Department to administer these agreements and an Energy Security Pacts Council to coordinate a whole-of-government approach to their development and execution. Energy Security Pacts would unite and deploy U.S. diplomatic, financing and technical resources into strategic bilateral agreements with clear outcomes that will expand American exports, strengthen allied supply chains and advance U.S. energy dominance.
Recent global energy crises have demonstrated the weakness of many of the supply chains on which the U.S. and its allies rely. Nowhere is this clearer than in energy and critical minerals. China has deployed enormous resources to build energy infrastructure across Asia, Africa and Latin America, while building a global monopoly on critical minerals.
Countries that accept Chinese or Russian investment also become subject to predatory financing, insecure technologies, supply chain chokepoints and coercive political influence. This undermines U.S. economic and security interests at home and abroad, posing an existential challenge to American energy dominance.
While adversaries offer integrated, long-term energy partnerships by state-owned corporations, the U.S. offers a maze of agencies, each with its own mandate. America has the tools to compete globally and a unique opportunity to use them more effectively: the recently reauthorized Development Finance Corporation, the Export-Import Bank and the most innovative private industry in the world. What's missing is a mechanism to deploy them as a coherent package to level the playing field. America can win by implementing an innovation-based strategy with Energy Security Pacts.
The Energy Security Pacts Act works as a companion of the Energy Security Compacts title in H.R. 7037 the Developing Overseas Mineral Investments and New Allied Networks for Critical Energies (DOMINANCE) Act introduced by Reps. Young Kim (R-CA-40) and Ami Bera (D-CA-06). Together, these bills can form the core of an ambitious agenda to extend American energy dominance.
Sen. Chris Coons (D-DE) and Sen. Pete Ricketts (R-NE)
ClearPath Action, American Council for Capital Formation, the American Critical Minerals Association, the American Energy Leadership Institute, the Atlantic Council, Bipartisan Policy Center Action, Energy for Growth Hub and SAFE Center for Critical Minerals Strategy