Economy

Polish Court Finally Cancels Fines for Gazprom, European Partners in Nord Stream 2

WARSAW (Sputnik) - A Polish court in the second instance finally overturned the decision to impose fines on Russian energy giant Gazprom and European partners in the construction of the Nord Stream 2 gas pipeline, the Puls Biznesu newspaper reported on Thursday.
Sputnik
In 2020, the Polish Office for Competition and Consumer Protection (UOKiK) fined Gazprom in the amount $7.6 billion under the Nord Stream 2 case, and the European partners of the project — Engie Energy, Uniper, OMV, Shell, and Wintershall — in the amount of $61 million.
The watchdog alleged that the companies had created a de facto joint venture without official approval - a move the regulator considered a violation of antitrust laws.
Last year, a Polish court overturned the decision on fines.
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