Poland fines Gazprom $57m over Nord Stream 2

Poland's antimonopoly watchdog UOKiK announced on Monday it had fined Gazprom 213 million zloty ($57m) for lack of cooperation in its proceedings with regard to the Nord Stream 2 pipeline project.

UOKiK has been examining the project for years, arguing that the joint venture between Gazprom and five European companies responsible for the construction of the gas pipeline will undermine competition.

Poland opposed the pipeline, which will pump gas from Russia to Germany via the Baltic Sea, saying it would only strengthen Gazprom's dominant position on the European gas market, Reuters reported.

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