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    UOKiK to appeal after the court annulled Gazprom fine

    Poland’s Office of Competition and Consumer Protection (UOKiK) announced that it will appeal a Polish court ruling annulling the fines imposed on Russian natural gas giant Gazprom and five companies. These companies are responsible for the Russian-German Nord Stream 2 gas pipeline project.

    Estimated reading time: 2 minutes

    Proceedings against Gazprom and five other companies (Engie Energy, Uniper, OMV, Shell and Wintershall) had been launched in May 2018. Two years later, UOKiK imposed an over PLN 29 billion (EUR 6.2 billion) fine on Gazprom, and over PLN 234 million (EUR 50 million) fine on the five companies.

    The Polish Court of Competition and Consumer Protection, a court which examines, among other cases, administrative decisions issued by the UOKiK head, annulled the UOKiK’s decision on Monday.

    While imposing the fines, UOKiK said they were connected with the companies’ formation of a consortium to finance the Nord Stream 2 project without their (UOKiK – ed.) permission.

    UOKiK also said at that time that due to its president’s decision the mentioned companies were obliged to cease their financing of the Nord Stream 2 project.

    “We were surprised by the court ruling,” UOKiK’s head, Tomasz Chrostny, said in a statement on Monday. 

    Nord Stream 2 is a Russian-German gas pipeline along the Baltic bed, connecting Russia and Germany and bypassing Eastern Europe. Germany suspended its opening after Russia invaded Ukraine.

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