Just hours after an arbitration court ruled in favor of Naftogaz in a long-running payment dispute between the Ukrainian state company and Russia’s Gazprom, a fresh gas dispute flared up on Thursday after Naftogaz said that Gazprom had not stood by its commitment to resume gas supplies, forcing Ukraine to reduce gas usage amid Arctic temperatures as the ‘Beast from the East’ freezing weather front sweeps across Europe. The new rift comes after years of bitter disputes between the gas companies of Russia and Ukraine, exacerbated by the 2014 Russian annexation of Crimea. “Naftogaz is surprised to learn of Gazprom’s decision not to supply gas to Ukraine in March. Naftogaz has already provided full prepayment for deliveries in line with an invoice received from Gazprom under the terms of the supply contract amended by the Stockholm Arbitral Tribunal,” the Ukrainian company said in a statement on Thursday. On Twitter, […]