Gazprom warns EU to stop gas industry reform

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MOSCOW, Oct 14 (Reuters) - Gazprom (GAZP.MM) warned the European Union on Thursday that proceeding with the bloc's gas industry reforms would mean the end of stable supplies as the Russian energy giant would send more gas to Asia.

Gazprom's export chief, Alexander Medvedev, said that Europe's gas-sector initiatives would build "a sort of Great Wall of China" that would cut off his company, which supplies a quarter of the EU's gas needs, from gas transmission infrastructure.

EU legislation requires pipelines to be open to all companies, which threatens Gazprom's position in countries such as Poland where it is a dominant supplier via its Yamal pipeline.

"Having no opportunity to get reasonable income while the gas pipeline is operating or take part in its operation, the suppliers will not wish to make such significant investments. They will start searching for more attractive markets," said Medvedev.

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