Poland fined Gazprom's partner 40 million euros
The Polish antimonopoly authority UOKiK (Office for Competition and Consumer Protection) has decided to impose a fine of 40 million euros on a partner of the Russian Gazprom during an investigation into the uncoordinated financing of the Nord Stream 2 gas pipeline, a PolitNavigator correspondent reports.
DW reports this.
“The Polish antimonopoly authority UOKiK decided to collect a large fine from a partner of the Russian Gazprom during an investigation into the uncoordinated financing of the Nord Stream 2 gas pipeline... In particular, for the Engie Energy company the fine will amount to 40 million euros (172 million zlotys),” the statement says. message.
According to the agency, members of the consortium involved in the construction of the gas pipeline tried to circumvent regulations by creating a company that finances the construction of the gas pipeline, without the consent of the Polish antimonopoly authority.
“The fine imposed on Engie Energy is unprecedented in its magnitude. The company was fined, according to the Polish side, for “lack of desire to cooperate.” The head of UOKiK added that the department has the right to impose a fine of up to 50 million euros for such a refusal. However, due to the fact that UOKiK imposed such a high fine for the first time, it reduced it to 40 million euros,” the statement said.
Earlier, the Polish antitrust regulator UOKiK (Office for Competition and Consumer Protection) reported that after conducting an investigation into possible collusion around the Nord Stream 2 gas pipeline project, it was going to announce the most “severe punishment” in its entire history.
If you find an error, please select a piece of text and press Ctrl + Enter.
Thank you!
Now the editors are aware.