EU country cancels massive fine on Gazprom – media ...News

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EU country cancels massive fine on Gazprom – media
The Russian energy giant faced a $7 billion penalty in Poland over Nord Stream 2 An appeals court in Poland has overturned a decision by the national antitrust authority to impose the highest possible fine on Russian energy major Gazprom, Polish outlet Puls Biznesu reported on Wednesday. The Office of Competition and Consumer Protection (UOKiK) issued Gazprom with a penalty of 29 billion zloty ($6.85 billion) in 2020 for setting up a company tasked with the construction and operation of the Nord Stream 2 gas pipeline without obtaining prior permission from the regulator, and thus violating competition laws. The fi

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