VIENNA, Oct 29 (Reuters) - Austrian oil and gas company OMV
will appeal against a fine Poland has imposed over its
involvement in the Nord Stream 2 gas pipeline project, a
spokesman said on Thursday.
Poland's UOKiK anti-monopoly watchdog this month fined the
project's leader, Russia's Gazprom, more than 29
billion zlotys ($7.5 billion) for building the Baltic Sea
pipeline without Warsaw's approval.
It also imposed a fine of 234 million zlotys spread across
five other companies involved in financing the $11 billion
project. OMV was fined the highest amount at 88 million zlotys.
"We will appeal against this," an OMV spokesman said. "We
are of the opinion that this fine has no legal foundation."
UOKiK said at the time that after its decision the companies
were obliged to terminate their agreements for financing Nord
Stream 2.
Alongside Gazprom, half the funding for Nord Stream 2 comes
from Germany's Uniper and BASF's
Wintershall unit, Anglo-Dutch company Shell, OMV and
Engie of France.
The project is aimed at doubling Russia's gas export
capacity across the Baltic Sea.
($1 = 3.8743 zlotys)
(Reporting by Alexandra Schwarz-Goerlich
Writing by Francois Murphy)
