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Polish authority fines Gazprom for USD 7.6 bn, decision related to Nord Stream II case

Source : 112 Ukraine

The Department for Protection of Competitiveness and Consumers demands that five European companies break partnership deals with the Russian gas monopolist
14:15, 7 October 2020

Nord Stream 2 gas pipeline
Reuters

Polish Department for Protection of Competitiveness and Consumers fined Russia's Gazprom for 7.6 billion U.S. dollars. The decision has to do with the case of Nord Stream II. Tomasz Hrustny, the head of the Department said so, as quoted by TASS.

The authority demands that five European companies break partnership deals with the Russian gas monopolist. The said companies have been fined, too; the overall sum of all fines made USD 100,000,000.

In July, Ukraine and Poland reached consensus in terms of the damage posted by Nord Stream II pipeline, which is considered harmful for the energy security of Europe; the parties agreed to block further implementation of this project.

Related: U.S. willing to prevent launch of Nord Stream 2

Prior to that, Denmark placed a temporary ban on the construction works in its territorial waters due to the codfish spawning season. The closing 120 kilometers of the pipeline are supposed to be built across the Danish waters, to the southest from Bornholm islamd.

In July, the U.S. Senate approved the draft defense budget, which foresees respective sanctions against Russia, which is in line with the CAATSA principles. However, the EU ruling circles stand against such approach.

Related: Denmark grants permission to operate Nord Stream 2 gas pipeline on its continental shelf

 

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