configuring IDEA for python

I am trying to configure IntelliJ IDEA 2016.3 (Community edition) to work with python (and existing python 2 scripts). Python is installed and working with the Spyder editor.
 
 
In the Edit Configuration window, no interpreter options are shown in the drop-down menu. Do I have to associate each python script with a project first?
 
Not sure what to do next.
 
Thanks in advance
 
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