Poland fines Gazprom € 6,47 billion over Nord Stream 2

Russian giant Gazprom was fined by the Polish anti-monopoly watchdog UOKiK with an “unprecedented” fine of € 6,47 billion over the Nord Stream 2 pipeline. According to Poland, the construction of the pipeline, which would allow Gazprom to double its gas capacity to Germany, will increase Gazprom’s dominance on the Polish market but also increase the EU’s energy dependence on Russia. In addition to fining Gazprom, the Polish regulator has placed penalties on the five cofinancing companies of Gazprom for a total of 234 m zlotys. Gazprom disagrees with the decision of the Polish anti-monopoly authority and will take the necessary legal countermeasures.