Polish watchdog fines Gazprom $7.6 billion over Nord Stream 2 gas pipeline

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Wed, 2020-10-07 09:10

WARSAW: Poland’s anti-monopoly watchdog said on Wednesday it had fined Russia’s Gazprom more than $7.6 billion for building the Nord Stream 2 gas pipeline without its approval.
The UOKiK watchdog also said it had imposed a 234 million zloty fine on five other firms involved in financing $11 billion project set to double Russia’s gas export capacity via the Baltic Sea.
Nord Stream 2 is led by Gazprom, with half of the funding provided by Germany’s Uniper and BASF’s Wintershall unit, Anglo-Dutch company Shell, Austria’s OMV and Engie.

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