Poland has fined “Gazprom” on $57 million in the case of “Nord stream – 2”

The Polish office for competition and consumer protection (UOKiK) has fined Russia’s Gazprom for failing to cooperate with the investigation in respect of the project “Northern stream – 2”. The amount of the fine amounted to 213 million zlotys ($57 million), said on the regulator’s website.

Imposing a fine on Gazprom is connected with the procedure of creation of a consortium to Finance construction of the pipeline “Nord stream – 2” without the required consent of the President of UOKiK. In this regard, the President office has charged six companies: Russian “Gazprom”, the Swiss “Engie Energy” and four companies from the Netherlands: “Uniper”, “OMV”, “Shell” and “Wintershall”.

During the proceedings the President of UOKiK also asked Gazprom to provide documents relevant to the case, but the company refused to do so.

“In my opinion, it is a deliberate act which was to prevent the continuation of the proceedings. So I decided to impose on Gazprom a fine of almost 213 million zlotys. This is the maximum sanction provided by law for failure to provide information at the request of the UOKiK President”, – said the President of the Antimonopoly office of Thomas Krestnyi.

As noted in the Department, they asked “Gazprom” contracts for transmission, distribution, sale, supply and storage of gaseous fuels. The Russian company had not even applied for permission for release of information to the Ministry of energy of Russia.

“Nord stream is 2” to connect Russia with Germany under the Baltic sea. The length of the trail is more than 1,200 km, the new pipeline’s capacity will be 55 billion m3 of gas per year. The cost of the project is €9.5 billion, it is financed by the Russian “Gazprom” and five European companies: Anglo-Dutch Shell, German Wintershall and Uniper, Engie French and Austrian OMV.

It was expected that the construction of the pipeline will be completed by the end of 2019, but then starting the “Nord stream – 2” is moved to the end of 2020.

The pipeline construction was frozen after December 2019, the President of the United States Donald trump signed the defense budget for 2020, which envisages the introduction of sanctions against the gas pipeline “Turkish stream” and “Nord stream – 2”. Immediately after that, the Swiss company Allseas has suspended work on the construction of “Nord stream – 2” and withdrew from the Baltic sea and its pipe-laying ships. At the time of suspension of work remained to lay on the Baltic sea, 160 km of pipes, the publication reported Neftegaz.ru.

23 July 2020, the U.S. Congress approved a draft defense budget with the sanctions against the “Nord stream – 2”.

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