REMIT fine of 1.4M EUR in Hungary

It has been announced that a market participant in Hungary has been fined 500 million HUF (approx 1.4M EUR) for a breach of REMIT article 5. The announcement (in Hungarian) can be found here and the full decision here. The fine is levied by the MEKH (the Hungarian National Regulatory Authority) relates to activity in January 2022 in the auction of gas transportation capacity over the Hungary/Austria border.

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