No. 172

  USRCC Business Newsletter
USRCC Activities

USRCC - Supported Event


Join the webinar to learn about market opportunities in two of the richest markets in Eurasia!

Wednesday, June 27, 2018, 12:00-1:00 PM EST 
Tuesday, August 7, 2018, 12:00-1:00 PM EST

Cost: $25

With a combined GDP of $230 billion, Kazakhstan and Ukraine offer unprecedented market opportunities in energy, infrastructure, and agriculture sectors . With a growing middle class, Kazakhstan has developed into the leading market in Central Asia and is positioning itself as a transit route between Europe and China. In Ukraine, strengthening domestic demand led by solid private consumption and sustained investment activity present new opportunities for U.S. companies.

The Washington, DC-based U.S. - Kazakhstan Business Association (USKZBA) and U.S. - Ukraine Business Council (USUBC) , in coordination with the U.S. Department of Commerce, U.S. Commercial Service , are organizing Certified Trade Missions (CTMs) to Kazakhstan and Ukraine to lead U.S. companies interested in making business connections in these promising markets in Eurasia.

Speakers :

U.S. Commercial Service Regional Senior Commercial Officer for Russia and Eurasia Michael Lally 
U.S.  Commercial Service SCO Kazakhstan Dean Matlack
US-Kazakhstan Business Association Executive Director Sarah Frese
U.S. Commercial Service SCO Ukraine Martin Claessens
US-Ukraine Business Council Morgan Williams

REGISTER HERE:   CTM Registration 

Trade Missions Dates:

October 24-26 - Kazakhstan (Almaty and Astana) October 27-28 - Travel
October 29-30 - Ukraine (Kyiv)

Questions? Contact the U.S. Commercial Service:

Lola Gulomova: Lola.Gulomova@trade.gov
Boris Chumak: Boris.Chumak@trade.gov
The SABIT Program

The SABIT Energy Efficiency and Renewables in Residential and Commercial Construction application is available! This program is for applicants from Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, and Uzbekistan.
Please go to  https://www.trade.gov/sabit/ to download. 

The deadline date is July 13.
USRCC's Booth at the Annual Summer NAPE in Houston  

The annual Summer NAPE in Houston is an expo and networking event that brings together all the players necessary to forge, facilitate and close deals. More intimate than the annual NAPE Summit, this show is a "must attend" event to network with the people and players who have firsthand knowledge of the opportunities and prospects throughout the area. Summer NAPE is where deals happen:  http://napeexpo.com/summer

The Summit will be held at the George R. Brown Convention Center, Houston TX
August 15-16, 2018.

Stop by the USRCC booth #1538!

The U.S.-Russia Chamber of Commerce invites you to attend

The 8th Annual Welcome Reception
Honoring Russian and CIS Delegations to the 
Breakbulk Americas  2018

Please join the U.S.-Russia Chamber of Commerce in welcoming Russian and CIS delegations to the 8th Annual Breakbulk Americas Reception . This annual event draws decision makers in U.S.- Russia trade and investment, including senior representatives from major shipping and logistics companies, leaders in the oil and gas industry, government officials, elected officials and more.

Breakbulk Americas is the largest and most important gathering in North America for companies involved in the shipping of heavy-lift, project cargo and traditional breakbulk cargoes. The conference provides shippers with the opportunity to meet and develop relationships with the leading specialized carriers, forwarders, ports, terminals and packers who have the expertise and resources to handle oversized cargoes with unique handling requirements.

Wednesday, October 3, 2018 * 6:00 PM - 8:00 PM 
Four Seasons Hotel, Whitney Room * 1300 Lamar Street, 
Houston, TX 77010

USRCC Members - $30/Non-Members - $60
Please note: Refunds will not be issued after September the 30th, 2018

For sponsorship opportunities please contact:

The U.S.-Russia Chamber of Commerce
2900 Wilcrest Drive, Suite 133, Houston, TX 77042 
Phone: 713.429.4680 Email : info@usrussiacc.org

USRCC Internship

The USRCC is looking for new team members!

 play a key role and the contributions they make impact the day-to-day functions of the chamber and shape the future of the relationship between Russia and the U.S.

There are many ways you can get involved with the USRCC. Whether you are an experienced leader or a student, there is a place for you. By volunteering you can be at the very centre of our high-profile events held in Houston, Chicago and New York City and interact with influential leaders in the U.S.-Russia trade and investment.
To learn more about the position  click here or contact us directly at info@usrussiacc.org   call 713.429.4680
USRCC Membership
Are you taking advantage of your  USRCC Member Benefits?

Renew your membership or join for the first time today!

For more information  click here 
Interested in learning more about our 2018 events?

To see a full list   click here                                                                                                                     
Members' News
Gazprom and South Korea revive talks to build gas pipeline via North Korea

Neftegaz.ru/en, June 18th, 2018:  Gazprom has resumed talks with South Korea over a decade-old idea to build a gas pipeline from Russia's Far East to South Korea through North Korea, Vitaly Markelov, Deputy Chairman of Gazprom's Management Committee, said on June 15.
«To date, the political situation has been somewhat different, and the South Korean side has asked Gazprom to resume the project, and a series of talks has been held on this issue, and these talks are continuing,» TASS quoted Markelov as saying at a news conference today.  Read more...
LUKOIL comissions 3rd well at Filanovsky field 2nd stage

Neftegaz.ru/en, June 18th, 2018:  LUKOIL   completed the construction and commissioned the 3rd well at the 2ond development stage of the Vladimir Filanovsky field in the Caspian Sea.
This is a bilateral horizontal oil producing well. The length of the main wellbore is 3,795 meters while the lateral is 3,762 meters long. Well's initial flow rate exceeded 3.2 thousand tonnes of oil per day. The field's average daily production reached its plateau level post the launch of this well.  Read more...
Rosnedra extended the RNG field licence for 100 years

Neftegaz.ru/en, June 18th, 2018:  Rosnedra extended the RNG  license for exploration and production of minerals on the Eastern blocks of the Srednebotuobinskoye oil and gas condensate field till the end of 2117. 
The subsoil plot is located on the territory of Mirninsky district of Sakha Republic (Yakutia).  Read more...
Shell seen reclaiming dominance in Texas shale country

Worldoil.com, June 18th, 2018:  Shell is said to have bid, with partner Blackstone Group LP, on a portfolio of U.S. shale assets BHP Billiton Ltd. wants to sell for about $10 billion. If it wins, the Anglo-Dutch oil major could exceed its goal of doubling its American onshore output, according to JPMorgan Chase & Co.

That would boost the unit's free cash flow -- currently on track to grow by $2 billion by 2025 -- and turn around a shale portfolio that is currently "mid-lower ranked," analysts from the bank including Christyan Malek said in a report.  Read more...
The Week in Review
Igor Sechin holds working meeting with Khalid Al-Falih

Neftegaz.ru/en, June 18th, 2018:  The CEO of Rosneft Igor Sechin on June 15 held a working meeting with Khalid Al-Falih, Minister of Energy, Industry and Mineral Resources of Saudi Arabia and CEO of Saudi Aramco.

At the meeting, the parties discussed prospects for developing mutually beneficial cooperation in oil-field services, petrochemistry and international trading.  Read more...
Gazprom says in talks with NIOC over development of Iranian fields

Neftegaz.ru/en, June 18th, 2018:  A senior official with Gazprom said Russia's gas giant is in talks with the National Iranian Oil Company (NIOC) to develop four gas fields in Iran.
The company plans to expand its reserve base abroad and is stepping up talks on its participation in 4 Iranian fields, namely Kish, North Pars, Farzad A and B, under a memorandum with the NIOC, deputy chairman of Gazprom's management committee, Vitaly Markelov, told a press briefing, Platts reported on Friday.  Read more...
Gazprom Neft progresses on Moscow refinery's upgrade project

Ogj.com, June 18th, 2018:  Russia's PJSC Gazprom Neft, St. Petersburg, has reached 89% completion on construction of its previously announced project to build a Euro+ combined oil refining unit (CORU) as part of the ongoing modernization and upgrade of its 12.15 million-tonne/year Moscow refinery.

The operator has completed installation of all large-scale equipment for Euro+ CORU, including installation of the highest section of the catalytic reformer, which will enable production of high-performance Euro 5-quality gasoline-a key project in the Moscow refinery's second-stage modernization work under way since 2011, Gazprom Neft said.   Read more...
Putin sees good prospects for energy cooperation with Belarus

Neftegaz.ru/en, June 20th, 2018: Vladimir Putin sees good prospects for expanding Belarus-Russia cooperation in energy. He made this statement during the session of the Supreme State Council of the Union State of Belarus and Russia in Minsk on 19 June, BelTA has learned
The Russian leader spoke about most promising joint projects. In particular, he noted that Russian companies are building in Belarus a factory to produce carbon black that is used in car manufacturing and chemical industry.

Russia's Oil Export, Refinery Plans Point To Increase In Output

Rigzone.com, June 19, 2018: Ahead of a meeting with Saudi Arabia and other producers, Russia already plans to increase oil exports, its July-September schedule shows, which coupled with increasing refinery runs suggests Moscow is gearing up to raise production.
OPEC and non-OPEC producers are scheduled to meet on June 22-23 in Vienna to discuss a possible increase in output after more than a year and a half of coordinated cuts which have taken 1.8 million barrels per day (bpd) out of the market.
Those cuts, led by Saudi Arabia and Russia, having helped slash global oversupply and raised prices by almost $20 a barrel, but there are now calls, from Russia's energy minister Alexander Novak and others, that the deal be re-examined.   Read more...
Russian products popular in VN

Vietnamnews.vm, June 22, 2018: More and more Russian agricultural products are finding their way into the Vietnamese market, according to the Russian Export Centre in Việt Nam.
Sunflower oil, pine nuts, walnuts, cereals,\ and other products from the country are on display and sold at Russian showrooms and through other distribution channels.
Many well-known Russian brands such as Magnit, Bimuka, Paritet, Kuban Wine, Fanagoria Wine, Igristye Wine, Makfa and Aston are sold here.  Read more...
Russian export duties on BTX to rise 5.6% on month in July: ministry

Platts.com, June 20, 2018: Russian export duties on benzene, toluene and xylenes will rise for a third consecutive month in July, according to the Ministry of Economy.
The duties will rise 5.6% month on month to $41.70/mt in July for a 72% year-on-year increase amid stronger crude prices and duties, the ministry said Wednesday.
The BTX duties will remain at 30% of the crude export duty, the same proportion as in 2017. Export duties on crude are set to rise to $139.10/mt.
Export duties for some sorts of crude -- from Eastern Siberia and Caspian Sea fields -- and certain refined products, such as ethane and butane, will remain at zero in July. These have remained at zero since January 2015. 
Russian coal exports at record 

Highhellenicshippingnews.com, June 20, 2018:  Russian coal deliveries by rail for export rose to a new record high in May, despite active phase of rail maintenance that started in April and intensified last month. Coal deliveries by rail for export increased by around 400,000t on the month and by 130,000t on the year, to 17.8mn t in May amid higher supplies through overland border crossings, which offset lower deliveries to ports.
But supplies may decrease this month amid a lack of available railcars for coal loading, repairs at large northwestern port and ban on deliveries through Ukrainian ports. Coal dispatches for exports have dropped in the first 12 days of June by around 3pc on the year, to around 578,000t/day, reflecting lower supplies to ports.   Read more...
GAZ Supported by the Russian Export Center Exhibits Its Trucks and Buses at Vietnam AutoExpo 2018

Prnewswire.co.uk, JUNE 16, 2018: GAZ - the biggest commercial vehicle manufacturer in  Russia - presented a wide range of its commercial vehicles at the specialized show Vietnam AutoExpo 2018, which took place from 6 to 9 June at National Convention Centre - NCC,  Hanoi.
International Automobile, Transportation & Support Industry Exhibition AutoExpo 2018 is the leading show to promote latest products and modern technologies to more than 75000 exhibitors. Every year the show serves as an attractive platform for establishing a direct dialogue between enterprises, officials and experts.  Read more...
Kazakhstan increases export of agricultural products to Russian regions

Azernews.az, June 20, 2018: Kazakh Company "Expo Food" has made the shipment of the first batch of packed cereals worth more than 4.3 million tenge for sale in the hypermarkets network of "Essen Production AG" in Russia's Tatarstan, the press service of "Kazakh Export" reports on June 19.
"While the exact scope of supply is not determined, the company will each time negotiate the volume of deliveries", "Kazakh Export" noted.
"Kazakh Export" provided the "Expo Food" company with insurance support in the form of export credit insurance (deferred payment) under the contract concluded with the Russian buyer "Torgpartner" LLC, a member of the "Essen Production AG" Group of Companies.
"Food Expo" LLP is a subsidiary of "Green Foods" LLP - a national manufacturer specializing in the production of a wide range of food products under the trademarks of Natura Bogata and "Bud Laska".   Read more...
Rosatom proposes mini-hydro power plants for Nigeria

Punchng.com, June 21, 2018: The Russian nuclear energy corporation, Rosatom, has called on the Federal Government to consider off-grid technologies such as mini-hydro power stations as an effective solution to address Nigeria's electricity shortfall.
According to the corporation, the establishment of mini-hydro stations would enhance access to electricity for the country's increasing population, as it noted that minor water streams needed for such projects were scattered across the country.  Read more...
Russia delivers unique equipment for international thermonuclear experimental reactor

Tass.com, June 19, 2018: Russia supplied unique superconductors for the International Thermonuclear Experimental Reactor (ITER) in June and implemented in full its second agreement on creating systems for the reactor of the future, the press office of the ITER Russian Project Center announced on Tuesday.
"Superconductors of the poloidal field for the magnetic system of the future installation were manufactured and supplied to the ITER International Organization in full," the press office said in a statement.  Read more...
Armenia, Russia to discuss development of cooperation in a digital economy

News.am, June 21, 2018: The seventh Russian-Armenian interregional forum, and devoted to the digital initiatives of Armenia and Russia within the framework of the implementation of the digital agenda of the Eurasian Economic Union (EAEU) countries-which comprises Armenia Russia, Belarus, Kazakhstan, and Kyrgyzstan-will be held on June 29, in Armenia's capital city of Yerevan. Read more...
Houston - Tyumen Sister Cities
Alexander Moor: Federal Centre of Neurosurgery became the recognized leader in the field

En. admtyumen.ru, June 15, 2018: On June 15, Alexander Moor, interim Governor of the Tyumen region, visited one of the leading medical institutions of the region: the Federal Centre of Neurosurgery (FCN). Together with deputies of the Tyumen regional Duma and Albert Sufianov, Chief Physician of the clinic, he visited the children's ward and its young patients, talked with their mothers, appreciated a hybrid operating room, a radiation therapy ward and a training simulation laboratory, where both active and future surgeons hone their skills. He met the FCN staff.    Read more...
LetoLeto water park was opened in the Tyumen region

En.admtyumen.ru, June 7, 2018: LetoLeto water park was opened in Tyumen. Its construction serves as another confirmation of the correctness of regional policy on creation of favorable investment climate in all sectors of the economy. Alexander Moor, interim Governor of the Tyumen region, spoke about this at the opening ceremony of the first phase of the water park project.
"Water park LetoLeto is a very beautiful facility that is useful to both the city and the region. I'm sure it will become one of the favorite family recreation places for Tyumen residents and visitors of the regional capital; it will become a point of attraction for tourists from other regions of the country. Read more...
US-Russia Related News in Russian
Новости недели
Швеция предпочтительнее. Польша согласовала Ramboll маршрут прокладки газопровода Baltic Pipe

Neftegaz.ru, June 20th, 2018: Gaz-System, оператор газотранспортной системы (ГТС) Польши и по совместительству - 1 из участников проекта по строительству магистрального газопровода (МГП) Baltic Pipe, определилась с маршрутом газопровода.
Gaz-System приняла вариант маршрута морского участка МГП Baltic Pipe, рекомендованный Ramboll - подрядчиком, отвечающим за техническую и экологическую документацию проекта.   Читать далее...
Центр управления добычей Газпромнефть-Хантоса посетили министр связи России и делегация из Индии

Neftegaz.ru, June 20th, 2018: Центр управления добычей (ЦУД) Газпромнефть-Хантоса посетил министр цифрового развития, связи и массовых коммуникаций России К. Носков. Он ознакомился с работой «цифрового двойника» 1го из самых крупных активов компании - Южно-Приобского месторождения.
Об этом Газпромнефть Хантос сообщила 20 июня 2018 г.
ЦУД объединяет решения по повышению эффективности отдельных производственных процессов добычи в единую интегрированную среду.  Читать далее...
eBay и DHL поддержат экспорт российских товаров 

News.rambler.ru, 19 июня, 2018: eBay и DHL Express объявили о начале сотрудничества, направленного на поддержку экспорта российских товаров и развитие малого и среднего предпринимательства в сфере электронной коммерции. Российская площадка eBay - первый рынок компании, на котором запустят логистическую интеграцию для продавцов-экспортеров, а DHL Express станет первой опцией международной экспресс-доставки товаров в рамках интеграции.  Читать далее...
Уругвай заинтересован в поставках зерна и мясной продукции из России

Ria.ru, 21 июня, 2018: Уругвай выразил готовность рассмотреть возможность налаживания поставок российского зерна, а также масложировой и мясной продукции; одновременно Россия продолжает оставаться заинтересованной в налаживании поставок уругвайских соевых бобов, сообщает пресс-служба Россельхознадзора.
Стороны обсудили взаимное сотрудничество в четверг на заседании российско-уругвайской рабочей группы по сельскому хозяйству рыболовству, ветеринарному и фитосанитарному надзору в рамках проведения II заседания российско-уругвайской смешанной комиссии содействия развитию торгово-экономических связей.
Читать далее...
Объем импорта товаров из Южной Кореи в Россию вырос на 13%

Ria.ru, 21 июня, 2018: Объем импорта товаров из Южной Кореи в РФ за первые три месяца с начала года вырос на 13,1% за счет увеличения поставок транспорта и машинного оборудования, говорится в материалах к встрече премьер-министра РФ Дмитрия Медведева и президента Южной Кореи Мун Чжэ Ина.
"В первом квартале 2018 г. объем российско-корейского товарооборота снизился по сравнению с январем-мартом 2017 г. на 4,5% и составил 4,2 млрд долларов, объем экспорта сократился на 9,0% до 2,73 млрд долларов, объем импорта увеличился на 13,1% и составил 1,4 млрд долларов", - говорится в документах.  Читать далее...
USRCC Executive Partners



The U.S.-Russia Chamber of Commerce (USRCC)  is  a 501(c)(6) no t for  profit  corporation with its headquarters  in Houston, Texas,  and offices in the Midwest and the Northeast. The USRCC  was established in 2009 to promote  trade and investment  between  the  Russia n Federation  and the U.S. A.  
The information contained in this newsletter is provided for general information purposes only and does not constitute legal or other professional advice on any subject matter. USRCC does not accept any responsibility for any loss that may arise from reliance on information contained in this newsletter. The views and opinions expressed in this publication are those of the authors. They do not reflect the opinions or views of the USRCC or its members.  Links within this newsletter lead to other websites, including those operated and maintained by third parties. The linked sites are not part of the USRCC newsletter. USRCC includes these links solely as a convenience to the newsletter subscribers, and the presence of such links does not imply a responsibility for the linked site and its operator. USRCC cannot certify the accuracy of the material provided by the original  source .