Polish Watchdog Fines Gazprom $7.6 Billion Over Nord Stream 2 Gas Pipeline

Polish Watchdog Fines Gazprom $7.6 Billion Over Nord Stream 2 Gas Pipeline
The pipe-laying vessel Fortuna, which may be used to complete the construction of the Nord Stream 2 Baltic Sea gas pipeline, makes its way to Wismar, Germany, on Sept. 30, 2020. Oliver Denzer/Reuters
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WARSAW/MOSCOW—Poland has fined Russia’s Gazprom more than 29 billion zlotys ($7.6 billion) for building the Nord Stream 2 gas pipeline without Warsaw’s approval, its watchdog said on Wednesday, prompting the company to say it will appeal.

The project has stoked concern about Moscow’s dominance of European energy supplies and attracted U.S. sanctions, although rival sales of Azeri gas and U.S. liquefied natural gas (LNG) may squeeze Russia’s market share in Europe.