No. 149

  USRCC Business Newsletter
USRCC Activities

The US-Russia Chamber of Commerce ("USRCC") 
invites you to kick off 2018 with a  Business Networking Event!

When:  Thursday, January 18, 2018 6pm-8pm
Where:  Arcodoro Ristorante
                5000 Westheimer Rd#120 Houston TX, 77056     

Complimentary appetizers will be provided. Happy Hour prices for drinks will be available.

 Contact Us:

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

  USRCC Trade Mission to Russia
May 2018

The U.S.-Russia Chamber of Commerce (USRCC) invites you to participate in a Trade mission to the  St. Petersburg International Economic Forum . Participants will have an opportunity to meet Russian government officials and some of the most influential leaders in U.S.-Russia trade and investment relations. The USRCC will coordinate private meetings, an exclusive CEO Roundtable and introductions, in addition to attending the St. Petersburg International Economic Forum (SPEIF).

Participating companies will gain market insights, make industry contacts, solidify business strategies, find business partners, and advance specific projects with the goal of increasing U.S. trade and investment to Russia.

For more details about the Trade Mission please contact us  directly at      

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 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.
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
Gefco buys Morocco-Europe fashion and automotive groupage operator GLT

Theloadstar.com, January 12, 2018: Russian Railways-owned logistics provider Gefco has continued its international expansion  with the acquisition of Spanish road haulage and groupage firm GLT.
GLT is a specialist in the Morocco-Europe trade, operating weekly full-load and 
groupage services between production centres in Morocco and its main cross-docking and logistics centre  near Irun, in Northern Spain.
It has a fleet of some 75 trucks and 380 trailers, which are carried on ro-ro and ferry services between the Moroccan port of Tangiers and the Spanish hub of Algeciras, a few miles north across the Straits of Gibraltar. Last year, GLT undertook some 16,500 crossings.  Read more...

Gazprom-neft.com, January 9, 2018: Gazprom Neft subsidiary Gazpromneft-Yamal has completed construction of Russia's first ever multilateral well with four horizontal cased-hole side tracks, at its Novoportovskoye field. A total 6,756 metres was drilled, including 4,411 metres drilled in the target strata. The well was constructed in 39 days at a rate of 5.78 days per 1,000 metres.
Drilling horizontally branched wells facilitates a manifold increase in drainage from disjointed low-permeability strata, significantly increasing the oil recovery factor at productive strata and bringing marginal reserves into development without the need to drill additional wells. Russian-produced equipment was used in well construction, retooled in line with the specific geological conditions of the Novoportovskoye field.   Read more...
Emerson Named 'Industrial IoT Company of the Year'

Emerson, com, January 8, 2018: Emerson (NYSE: EMR), a global automation technology and software company, has been named the "Industrial IoT Company of the Year" by IoT Breakthrough. The award recognizes Emerson's extensive innovation and leadership in driving Industrial Internet of Things (IoT) technologies and strategies for customers in manufacturing industries, including oil and gas, food and beverage, chemical, life sciences, power, water, wastewater and others.
Today's industrial business challenges include fast-changing market dynamics, technical complexity and the relentless pressure to do more with less. To help overcome challenges, Emerson has harnessed the power of Industrial IoT for customers through its Plantweb™ digital ecosystem to enable broader process automation and deeper data insights that can improve operations.   Read more...
This Week in Review 
Russian Oil Production Continues Growth Trend

Epmag.com, January 9, 2018: The production and export of oil and gas are the primary sources of income for many Commonwealth of Independent States (CIS) countries. Russia produces the bulk (73%) of the region's liquids and provides the largest share (84%) of the crude oil processed in the region. About two-thirds of high-quality Caspian crude oil production is currently exported outside the CIS. Considering the planned expansion of export routes from the Caspian region, this share is expected to increase.
According to BP's Statistical Review of World Energy 2015, Russia's proved oil reserves are estimated at 103.2 billion barrels and reserve projections for the Caspian region (Kazakhstan and Azerbaijan) are estimated at 37 billion barrels. Russia's established oil production potential, combined with Caspian Sea prospects, makes the CIS an important non-OPEC supplier to global oil markets.   Read more...
Russia Experiences Record Year in Oil, Gas

Aawsat.com, January 8, 2018: The year 2017 witnessed record levels in oil and natural gas production and gas exports to Europe, which is the most important market for Russian gas.
Russia's successes have not stopped at this point as the country seeks to become a bigger player in the liquefied natural gas (LNG) market and export more crude oil and gas to China, the world's largest energy consumer.
The most important things in the energy sector currently between Russia and China are due to the Russian-Chinese rapprochement, which resulted in more pipelines between them and more crude oil exports, replacing Saudi Arabia as the top exporter to China. Read more...
U.S. may get first LNG import from Russia despite sanctions

Reuters.com, January 9, 2018: A vessel that may be carrying liquefied natural gas from Russia's new Yamal LNG export terminal could be heading to the United States despite sanctions against the company that operates the Russian facility, according to a report by S&P Global Platts and Thomson Reuters shipping data.
The tanker Chris. De Margerie picked up a cargo from Novatek PAO's Yamal facility, Russia's second LNG export terminal, on Dec. 9 and dropped it off at National Grid Plc's Isle of Grain LNG facility near London on Dec. 28, according to Thomson Reuters data.
Since then, Engie SA's Gaselys LNG tanker picked up LNG from the UK facility on Dec. 30 and is expected to arrive in Boston on Jan. 22.  Read more...
Belarusian oil industry getting ready to work with higher prices for Russian oil

Eng.belta.by, January 11, 2018: The Belarusian oil processing industry is laying some groundwork in anticipation of Russia's decision to lift export duties from oil deliveries, BelTA learned from Andrei Rybakov, Deputy Chairman of the Belarusian state petrochemical concern Belneftekhim. The Belneftekhim representative said that for several years the Belarusian oil processing industry has been dealing with gradually rising prices for Russian oil. Due to the so-called tax maneuver the price Belarus pays for Russian oil is gradually approaching the international price. For instance, in 2017 Belarusian oil refineries paid about 80% of the international oil price in order to get Russian oil.  Read more...
Russia's largest bank opens blockchain lab

Rt.com, January 11, 2018: Sberbank, the biggest lender in Russia, has announced the launch of a lab that will work on blockchain projects. The technology which drives bitcoin and other cryptocurrencies is known for that reason, but has many other uses.
"Sberbank has opened a blockchain laboratory which will test cutting-edge blockchain technologies, generate ideas to develop blockchain-based solutions, create product prototypes, carry out pilot projects, and implement applied business solutions for Sberbank Group," the Russian banking major said in a statement.  Read more...
Growth of Volkswagen car sales in Russia reaches 20.5% in 2017

Tass.com, January 11, 2018: Volkswagen sales in Russia reached 89,600 cars in 2017, which was 20.5% more than in 2016, the company said in a report on Thursday.
Among the most popular cars of the Volkswagen brand were Polo (48,600 cars) and Tiguan (27,700 cars), which are manufactured at the Kaluga-based Volkswagen Group Rus plant.
"In December, the brand demonstrated the best result over 2017: as many as 10,400 cars were sold to clients, or 36.6% more than in the same period of 2016 [7,600 cars]," the report said.  Read more...
Russia-China trade volume exceeds expectations, hitting $84bn

Rt.com, January 12, 2018: Trade turnover between Russia and China has increased by 20.8 percent year-on-year, reaching $84.07 billion in 2017. The two major partners have recently set a goal to boost trade to $80 billion by 2018 and $200 billion by 2020.
Chinese exports to Russia grew by 14.8 percent, to $42.88 billion; according to data from China's General Administration of Customs. Chinese imports of Russian goods increased by almost 28 percent, to more than $40 billion.
In December alone, trade turnover between the two nations stood at $8.13 billion.
Sino-Russian trade growth is "visible and sound," according to Russian President Vladimir Putin. While meeting with China's Prime Minister Li Keqiang in November, Putin said Moscow and Beijing have established strong link "fully corresponding to the level of our strategic partnership." Read more...
Russia's floating power plant clear for operation

World-nuclear-news.org, January 11, 2018: Russian State Expert Examination Board (Glavgosexpertiza) has approved the operation of the floating nuclear power plant Akademik Lomonosov. The authority said on 9 December it had approved the project in Russia's northernmost city of Pevek that is being funded by Rosenergoatom, the nuclear power plant operator subsidiary of Rosatom.
Currently moored at the Baltiysky Zavod shipyard in Saint Petersburg, Akademik Lomonosov houses two 35 MW KLT-40S nuclear reactors, similar to those used in Russia's nuclear-powered ice breakers.  Read more...
UAZ plans to double the volume of exports in 2018

Rusautonews.com, January 8, 2018: The Ulyanovsk Car Factory UAZ plans to double the volume of exports to 8000 vehicles and continue with the development of the product range, as reported by the press office of the Ulyanovsk region government.  The company has manufactured more than 43,000 vehicles within the first 11 months of 2017. UAZ has presented the new commercial vehicle Profi this year, with a carrying capacity of 1.5 tonnes.
"Ulyanovsk Car Factory has enough potential to increase its volume of production. We plan to continue with the development of exports next year. Latin America, Southeast Asia and the Middle East are our target markets. In the meantime, it's planned to start the assembly of UAZ vehicles in Kazakhstan in 2018, which will create new opportunities for the company, making a positive effect on the development and expansion of the production potential.  Read more...
Russia's Zibus to start making titanium implants in February 2018

Tass.com, January 9, 2018: Zibus, the Russian producer of titanium medical components, will start making implants in the Titanium Valley special economic zone (SEZ) in the Ural region in February 2018, the corporate press service told TASS on Tuesday.
"The SEZ resident initiated installation of a production line in early January 2018. Japan's Tsugami equipment was imported into the special economic zone before holidays. Startup is planned to continue until the end of January. Production is scheduled to start in February. The resident has already received first orders," the press service said. The company will deal with production of skull titanium implants and surgical tools for neurosurgery, the press service added.  Read more...
Russian Pacific Fleet Marines start first 2018 drills in Far East

Xinhuanet.com, January 9, 2018: Marines of the Russian Navy's Pacific Fleet started exercises in the Eastern Military District in Russia's Far East, kicking off the country's first drills in 2018, the Sputnik news agency reported Tuesday.
Citing a Pacific Fleet press statement released Monday, Sputnik said about 1,000 servicemen of the Pacific Fleet's marine corps and units began performing tasks at the ranges of Bamburovo, Gornostai and Radygine, the first to begin combat training tasks in 2018.
The marines will perform tasks of combat vehicles driving, tactical methods of combat and engineering training issues, as well as practical shooting from all types of small arms, it said.
Up to 200 units of combat and special equipment were sent to the exercises, it added.  Read more...
Siemens to provide technologies for medical laboratories chain project in Russia

Tass.con, January 11, 2018: Siemens Heathineers is ready to provide its technologies and expertise for implementation of a project on creation of centralized clinical and diagnostic laboratories in Russian regions, company's representative Inna Domoratskaya told TASS on Thursday.
It was reported earlier that Russia's Rostec and Siemens agreed to implement this project in three pilot regions with an option of increasing them up to ten. Ruselectronics, an affiliate of Rostec, and Siemens Healthineers signed a partnership and cooperation agreement in December 2017. The agreement provides in particular for joint establishment of centralized laboratory and diagnostic centers.  Read more...
Russia's Novosibirsk region keen to export grain to Azerbaijan

Azernews.az, January 11, 2018: Agrarians of the Novosibirsk region of Russia plan to arrange grain supplies to Azerbaijan, TASS news agency reported citing the press service of the region's government.
Grain is also planned to be supplied to Iran, China, Mongolia and Turkey.
Reportedly, such grain supplies were not carried out before.
Grain from the Novosibirsk region is supplied by grain express trains - special trains that allow reducing the time of delivery of cargo and increasing the "turnover" of wagons.   Read more...
BMW sets up subsidiary in Russia's Kaliningrad

Tass.com, January 11, 2018: BMW has set up a subsidiary - BMW Russland Automotive LLC - in Russia's Kaliningrad as part of its program on production development in the country, a representative of the company told TASS.
"Indeed, the company named BMW Russland Automotive LLC has been registered in Kaliningrad. This is a planned step as part of our work to develop production in Russia," he said.
"As we said earlier we are in talks that have so far come up dry, and we have not yet made a decision on production in Russia, nevertheless this is a step in this direction," the source added.  Read more...
Yakutia takes on mammoth task of centralizing production and export of ivory

Tass.com, January 9, 2018: Yakutia's authorities will cooperate with their Chinese partners in creating a single operator dealing with the collection, processing and export of mammoth ivory in the Russian region, Anton Safronov, the Yakutian minister of investment development, told TASS on Tuesday.
"A single operator for collecting, primary processing and exporting raw materials will be created. This will make it possible to influence the market and pricing. In particular, Yakutian authorities envision the creation of a Sino-Russian company with a logistical and production facility in Yakutsk costing roughly 1.3 bln rubles ($22.8 mln)," the minister said. Corresponding talks were held with companies from China, the primary destination for up to 90% of produced mammoth tusks, he noted.  Optional Link
Kazakhstan's foreign trade records growth

Azernews.az, January 12, 2018: The volume of foreign trade turnover of Kazakhstan in January-October 2017 in monetary terms amounted to $69.4 billion, according to the Committee on Statistics under the Ministry of National Economy, Kazinform reported.
Foreign trade turnover during eleven months of the previous year increased by 25.1 percent compared to the same period in 2016.
The volume of exports in the reporting period amounted to $43.06 billion, thus registering a rise of 31.6 percent.
The volume of imports in January-October 2017 amounted to $26.3 billion, thus showing a 15.8 percent increase compared to 2016.  Read more...
Azerbaijan expects 15 bln USD in foreign investment in 2018

Xinhuanet.com, January 11, 2018: Azerbaijan's economy is expected to receive foreign investment with a total value of 15 billion U.S. dollars this year, official media on Thursday quoted Azerbaijani President Ilham Aliyev as saying.
Aliyev spoke Wednesday at a meeting of cabinet ministers dedicated to the results of socioeconomic development in 2017 and objectives for the future.
He said that economic stability, currency reserves and commercial attractiveness of the projects underway in Azerbaijan will stimulate more foreign investment inflow.   Read more...
To date Azerbaijan sold 251M tons of profit oil

Azernews.az, January 12, 2018: Since the beginning of development, from the Azeri-Chirag-Gunashli (ACG) block of oil and gas fields 445.4 million tons of oil and 140.5 billion cubic meters of gas have been produced.
First Vice-President of the State Oil Company of Azerbaijan (SOCAR) Khoshbakht Yusifzadeh noted that the project participants have been receiving profits from profitable oil for 19 years.
"As of January 1, 2018, 250.7 million tons of Azerbaijani profitable oil was sold on the world market, which is equal to 55 percent of total production from ACG," Yusifzadeh stressed.  Read more...
US-Russia Related News in Russian
Новости членов Палаты

Lukoil.ru, 12 января, 2018: Сегодня в Москве состоялось заседание Совета директоров ПАО «ЛУКОЙЛ», на котором подведены предварительные итоги деятельности в 2017 году и поставлены задачи на 2018 год по исполнению Программы стратегического развития на 2018-2027 годы.
На заседании было отмечено, что, несмотря на нестабильную макроэкономическую ситуацию и внешние ограничения по добыче нефти, в 2017 году Компания выполнила основные операционные задачи, показала существенный прогресс в реализации ключевых проектов и достигла высокого свободного денежного потока.
  Читать далее...
Новости недели
Иностранным компаниям разрешат летать внутри России на ЧМ-2018

Rg.ru, 11 января, 2018: Иностранным авиакомпаниям могут разрешить каботаж, полеты внутри России, на время Чемпионата миру по футболу 2018 года. Об этом глава Минтранса Максим Соколов сказал на встрече с журналистами накануне профессионального праздника Дня российской печати.
Речь идет не только о перевозке команд, судей, но и болельщиков к местам проведения матчей Чемпионата Мира по футболу 2018 года. "   Читать далее...

BMW открыл дочернюю компанию в Калининград

Pnp.ru, 11 января, 2018: Немецкий автопроизводитель BMW открыл дочернюю компанию ООО «БМВ Русланд Аутомотив» в Калининграде и продолжает переговоры о строительстве в регионе завода. Об этом сообщил представитель компании, пишет ТАСС.
«Действительно, зарегистрирована компания в Калининграде, называется ООО «БМВ Русланд Аутомотив». И это такой запланированный шаг в рамках нашей работы по развитию производства в России», - цитирует агентство слова представителя BMW.  Читать далее...
Nissan выпустил в Петербурге 300-тысячный автомобиль

Dvizhov.su, 10 января, 2018: С конвейера завода Nissan, расположенного в промзоне «Каменка» под Санкт-Петербургом, сошел 300-тысячный серийный автомобиль. 
«Юбилейным» стал кроссовер X-Trail оливкового цвета с бензиновым двигателем 2,5 л мощностью 171 л. с., вариатором X-Tronic и фирменной полноприводной трансмиссией All-Mode 4x4i, сообщает пресс-служба российского представительства Nissan. 
Nissan X-Trail производится на питерском заводе с ноября 2009 года. 
Выпуск автомобиля нового поколения стартовал в декабре 2014 г.
С того момента в России продано 58 444 экземпляра кроссовера.   Читать далее...
Росатом с помощью СВЧ-излучения получил основной компонент ядерного топлива

Ria.ru, 11 января 2018: Специалисты Сибирского химического комбината (ЗАТО Северск, Томская область) и Высокотехнологического научно-исследовательского института неорганических материалов имени академика Бочвара (входят в топливную компанию госкорпорации "Росатом" ТВЭЛ) на макете опытно-промышленной установки с помощью СВЧ-излучения получили основной компонент ядерного топлива - диоксид урана, сообщила пресс-служба ТВЭЛ.  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 .