The Limited Times

Now you can see non-English news...

Nord Stream 2: Gazprom takes action against Polish billions fine

2020-11-04T19:59:34.584Z


Because the Nord Stream 2 natural gas pipeline was built without the permission of the Polish government, Gazprom is expected to pay a fine of 6.4 billion euros. The Russian group is now fighting against it in court.


Icon: enlarge

The Russian pipeline-laying vessel for Nord Stream 2

Photo: J.Koehler / imago images / Jens Koehler

The Russian gas company Gazprom wants to challenge a billion-dollar fine in Poland for the construction of the Nord Stream 2 pipeline in the Baltic Sea.

The company rejects the opinion of the Polish antitrust and consumer protection authority UOKiK, said Gazprom.

The Russian company is said to pay a fine of a good 29 billion zlotys (6.4 billion euros) for unauthorized agreements.

The lawsuit was therefore submitted to the Court for Competition and Consumer Protection in Warsaw.

It is a division of the District Court that was set up specifically for anti-monopoly proceedings and the regulation of the energy sector.

Several companies are said to have agreed without waiting for the decision of the Polish authorities

The background to this is the construction of the controversial Nord Stream 2 gas pipeline, on which several companies are said to have made agreements without waiting for the decisions of the Polish authorities.

In addition, five Gazprom project partners, including the German companies Uniper and Wintershall, were fined the equivalent of 52 million euros, as UOKiK announced in Warsaw at the beginning of October.

Poland is against the pipeline that is supposed to pump Russian gas directly through the Baltic Sea to Germany for the European market.

Poland and other countries criticize that the project strengthens the influence of the energy superpower Russia in Europe and, for example, further weakens the role of the most important gas transit country Ukraine.

Gazprom had stressed that it had not broken an antimonopoly law.

The construction of the pipeline has currently been stopped due to US sanctions.

Icon: The mirror

svv / dpa / Reuters

Source: spiegel

All business articles on 2020-11-04

You may like

News/Politics 2024-04-02T17:48:40.337Z
News/Politics 2024-04-02T03:27:40.695Z
News/Politics 2024-03-31T14:16:03.654Z
News/Politics 2024-04-03T03:37:13.362Z
News/Politics 2024-04-03T17:17:50.181Z
News/Politics 2024-02-26T10:15:06.599Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.