Vladimir Malinov

Bulgaria has received the full payment for Russian natural gas transit for December, according to Energy Minister Vladimir Malinov. He explained that there has been no official confirmation from the US administration regarding the lifting of sanctions against Gazprombank, adding that the situation remains uncertain.

The U.S. Trade and Development Agency (USTDA) has deepened its collaboration with Bulgaria through a series of agreements aimed at advancing the country's infrastructure, energy, and cybersecurity capabilities. Administrator Eno T. Ebong signed multiple grant agreements to support these initiatives, which leverage U.S. expertise and technologies.

During a hearing, Acting Energy Minister Vladimir Malinov indicated that electricity prices might increase during the current heating season. He refrained from making a precise forecast but emphasized the expected rise in consumption.

Bulgaria may halt the transit of Russian gas to Serbia via the TurkStream pipeline starting in the new year if Gazprom fails to ensure payment compliance with U.S. sanctions against Gazprombank.

On November 5, 2024, Westinghouse Electric Company, Hyundai Engineering & Construction Co., and "Kozloduy NPP - New Powers" EAD signed a contract in Sofia to initiate engineering services for two nuclear reactors using Westinghouse's AP1000® technology. The event was attended by Bulgarian Prime Minister Dimitar Glavchev, Energy Minister Vladimir Malinov, U.S.

An engineering contract for the construction of new nuclear facilities at Site No. 2 of the Kozloduy Nuclear Power Plant is set to be signed today with Hyundai and Westinghouse. Caretaker Energy Minister Vladimir Malinov stated that this contract will provide a precise schedule and fixed pricing for the project within 12 months of its signing.

Bulgaria is positioned to assist Ukraine with electricity during the winter months, as confirmed in a recent meeting between Acting Energy Minister Vladimir Malinov and his Ukrainian counterpart, Herman Halushchenko.

U.S. Deputy Secretary of State Jeffrey Pyatt, who is in Athens, attended and spoke at an energy workshop today, discussing Greece’s leading role in clean energy development and the potential for exports.

Sofia's Mayor Vasil Terziev reassured residents that there are no risks for the upcoming heating season after a meeting with Energy Minister Vladimir Malinov. He stated that citizens should not be concerned about the heating season, emphasizing that Bulgargaz will continue to supply gas without interruption.

In the coming two months, the company "Kozloduy NPP - New Powers" is set to finalize an engineering contract with a consortium comprised of South Korea's Hyundai Engineering and Construction and the American firm Westinghouse Electric Company. This announcement was made by Acting Minister of Energy Vladimir Malinov, who is currently in Seoul meeting with Hyundai's executive director.