Along with fixing the gas price, Europe is proposing to separate the prices of electricity and gas.
Some EU countries have demanded to freeze gas prices, the BBC writes.
In particular, Belgium’s Energy Minister Tinne Van der Straeten came up with such an initiative.
“The next five to ten winters will be terrible if nothing is done. We must work on freezing gas prices,” she tweeted, adding that electricity prices tied to gas costs is artificial and needs to be reformed.
Austrian Chancellor Karl Nehammer also called for separating electricity and gas prices.
“We must stop the madness that is happening now in the energy markets. We cannot allow Putin to determine the European price of electricity every day,” he said.
Last week, the price of gas in Europe hiked to $3,500 per thousand cubic meters, but later it slightly dropped.