{"id":55238,"date":"2020-10-08T06:41:05","date_gmt":"2020-10-08T11:41:05","guid":{"rendered":"https:\/\/olduvai.ca\/?p=55238"},"modified":"2020-10-08T06:41:05","modified_gmt":"2020-10-08T11:41:05","slug":"gazprom-blasts-7-6bn-polish-antitrust-fine-on-ns2-pipeline-as-move-to-kill-it-by-all-means","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=55238","title":{"rendered":"Gazprom Blasts $7.6BN Polish Antitrust Fine On NS2 Pipeline As Move To Kill It “By All Means”"},"content":{"rendered":"
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Gazprom Blasts $7.6BN Polish Antitrust Fine On NS2 Pipeline As Move To Kill It “By All Means”<\/span><\/a><\/h3>\n<\/div>\n
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Polish authorities have fined Russia’s Gazprom a whopping and\u00a0unprecedented $7.6 billion (or 6.5 billion euros) for constructing the controversial Nord Stream 2 pipeline to Germany<\/strong>.<\/p>\n

While Poland anti-trust authorities have claimed Nord Stream 2 is fundamentally a politically motivated attempt to punish Polish consumers while increasing\u00a0European dependence on on Russian imports, Germany has stood by the project even amid the Navalny poisoning affair which has strained its relations with Russia over the past month.<\/p>\n

Poland’s Office of Competition and Consumer Protection decision\u00a0<\/strong>seeks to legally force\u00a0the\u00a0six companies jointly building and financing the project to cancel their contracts<\/strong>, despite the gas pipeline being in its final phase of development. This includes\u00a0European investors\u00a0OMV, Wintershall, Engie, Shell and Uniper.<\/p>\n

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NS2 pipeline construction in the Baltic, file image.<\/em><\/figcaption><\/figure>\n

\u201cCarrying out the project is tantamount to breaking the rules of law and of fair competition that will lead to\u00a0an increased dependence of gas recipients on the internal market on one supplier – Gazprom<\/strong>,\u201d the Polish antitrust office\u00a0said<\/a>.<\/p>\n

It charged that if allowed to go live it will result in\u00a0\u201cserious consequences for Poland’s and the EU’s economy,” by restricting the range of supplies while inevitably\u00a0increasing gas prices for consumers.<\/p>\n

But no doubt defenders of NS2 also see this as part of Washington’s broader war on the project, which has included past sanctions on executive heads of European companies involved,\u00a0given recent deepening US military ties to Poland.<\/p>\n

State-owned Gazprom, meanwhile has denounced the\u00a0“unprecendented fine” as unlawful and unjustified.\u00a0The fine’s\u00a0“unprecedented amount evidences the decision to oppose implementation of the Nord Stream 2 project by all means,”<\/strong>\u00a0the statement said,\u00a0according<\/a>\u00a0to TASS.<\/p>\n

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\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Gazprom Blasts $7.6BN Polish Antitrust Fine On NS2 Pipeline As Move To Kill It “By All Means” Polish authorities have fined Russia’s Gazprom a whopping and\u00a0unprecedented $7.6 billion (or 6.5 billion euros) for constructing the controversial Nord Stream 2 pipeline to Germany. While Poland anti-trust authorities have claimed Nord Stream 2 is fundamentally a politically […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3,5],"tags":[281,352,21872,1046,694,4318],"class_list":["post-55238","post","type-post","status-publish","format-standard","hentry","category-energy-2","category-geopolitics","tag-europe","tag-gazprom","tag-nordstream-2","tag-poland","tag-russia","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/55238","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=55238"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/55238\/revisions"}],"predecessor-version":[{"id":55239,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/55238\/revisions\/55239"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}