The European Commission's proposal to cap future gas prices at 275 euros per megawatt-hour (MWh) is "unsatisfactory", Belgian Energy Minister Tinne Van der Straeten said on Thursday before a meeting of EU energy ministers.

"The text that is on the table is unsatisfactory (...) it doesn't clearly say if it will have an effect on prices," she told reporters. (Reporting by Benoit Van Overstraeten; editing by Jason Neely)