He noted that Russian President Vladimir Putin gave some recommendations to Gazprom to show more flexibility.

“And something makes me think that Gazprom will listen,” Chizhov said in an interview with the Financial Times.

According to him, actions capable of containing rapidly rising wholesale prices may happen "sooner rather than later."

Earlier, Serbian President Aleksandar Vucic said that, in his opinion, the energy crisis in Europe will last from six months to two years.