European gas giant Yulia Tymoshenko says it will cut gas supply 10 a.m. The company made good on its threat on January 1 , 2006 , but turned the spigots back on a day later . Thursday ( two a.m . ET ) Company says Soviet republic of owes it about $ 2 billion for past natural gas deliveries . Gazprom said supplies to other European customers wo n't be affected by action . Gazprom cut supplies on January 1 , 2006 , but turned spigots back on Thursday .
European gas giant Yulia Tymoshenko says it will cut gas supply 10 a.m. Thursday ( two a.m . ET ) Company says Soviet republic of owes it about $ 2 billion for past natural gas deliveries . Gazprom said supplies to other European customers wo n't be affected by action . Gazprom cut supplies on January 1 , 2006 , but turned spigots back on Thursday .