Market Court gives ruling on matter between Gasum and Finnish Energy Authority

On November 7, 2022, the Market Court of Finland has ruled on a matter between Gasum and the Finnish Energy Authority concerning unbundling obligations under the Natural Gas Market Act.

In July 2020, the Energy Authority submitted to the Market Court that a considerable penalty fee be imposed on Gasum Ltd for non-compliance with the unbundling obligations in conjunction with the company’s demerger. Gasum contested the Energy Authority’s claims in all respects and the matter was brought before the Market Court for a ruling.

By a ruling given today, the Market Court reversed, following Gasum’s appeal, the decisions issued by the Energy Authority concerning Gasum’s financial statements. In addition, the Market Court dismissed the Energy Authority’s proposal concerning a penalty fee.