No. 215

  USRCC Business Newsletter
USRCC Activities
We are very excited to announce that 2019 marks the USRCC's 10th anniversary!

The 10th Anniversary will be a year-long celebration commemorating the USRCC's 10 years of existence. Join us in celebration at our events and support us in continuing our mission! 

The 2019 events will feature high caliber speakers, bring together the most influential key business leaders, experts and decision makers, and will provide our members and stakeholders with the perfect educational and networking opportunities. The list of 2019 event is available   here.

We are looking forward to another successful year! 
The U.S. - Russia Chamber of Commerce wishes a Happy Easter!


The 10th Annual Welcome Reception Honoring Delegations from 
Russia, Kazakhstan and Azerbaijan
to the Offshore Technology Conference (OTC 2019) 

Join the USRCC to celebrate our  10th Annual OTC Reception - o ne of our largest annual events that is attended by oil and gas industry leaders and government officials from around the world. 

The Offshore Technology Conference  i s the largest oil and gas sector trade show in the world. This conference provides energy professionals the opportunity to meet and exchange ideas and opinions to advance scientific and technical knowledge for offshore resources and environmental matters.

Tuesday, May 7, 2019,  6:00 pm - 9:00 pm
Hotel ZAZA,  Fountain Room
5701 Main Street,  Houston, TX 77005 

USRCC Members - 
$50 /
Non-Members -  $100
*Please note: Refunds will not be issued 
after May 5, 2019

Silver Sponsors


Bronze Sponsors


Event Partners

For sponsorship opportunities please contact:

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

The USRCC invites Young Professionals 
to join us 

at the

3rd Annual Senior Executive Knowledge Sharing Series


H. Daniel Hogan

General Manager
LUKOIL International Upstream West

Join the USRCC for the engaging discussion and learn how to improve your skills, knowledge and attitude to reach your personal and professional goals a nd advance your career

Mr. Hogan has more than thirty-six years of Operations and Executive experience. His career started in Kingsville, Texas where he spent sixteen years with Exxon Company International in various supervisory roles. 
He then worked two years with ENI/Agip Petroleum as Operations Manager and VP of Well Operations, nine years with Devon Energy Corporation as the International Operations Manager and VP of International Well Engineering, and one year with HRT America as Vice President of Drilling. 

As one of the founding Executives of PanAtlantic Exploration Company, Mr. Hogan originally served as Sr. Vice President - Operations with responsibility for global drilling, completion and production activity, HS&E, contracts / procurement and operations geology.  In March 2016, Mr. Hogan was promoted to Chief Operating Officer in addition to assuming the responsibilities of President and Chief Executive Officer. 

In April 2017, Mr. Hogan became General Manager and CEO of Lukoil International Upstream West in Houston, Texas. He has worked on six of seven continents in countries including Australia, Bolivia, Brazil, Chad, Ghana, Malaysia, Thailand and Trinidad.

Thursday, May 23, 2019
6:00 pm - 8:00 pm

Where: University of Houston-Downtown
Marilyn Davies College of Business 
Room B-119, 1st Floor
320 N. Main Street, Houston, TX 77002
USRCC Members - free | Non-Members -  $20

USRCC Trade Mission June 2019

Trade Mission to Moscow and St. Petersburg Economic Forum
June 2-8, 2019

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 click here or 

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 
Members' News
RNG Gaz and Sakhatransneftegaz sign agreement on developing Ulugursky block

On 9 April, during the meeting held as part of the Arctic Forum in Saint Petersburg, RNG Gaz (RNG Group of companies) and Sakhatransneftegaz signed an agreement of intent on cooperation in exploring the Ulugursky licence area. The agreement was signed in the presence of Aisen Nikolaev, Head of the Sakha Republic (Yakutia).
To implement the project, RNG Gaz intends to raise funding of about RUB 2.5 bln that will be used to carry out exploration works. RNG Gaz specialists will conduct geochemical and seismic exploration, as well as exploratory drilling of two wells within the subsoil block.
"This agreement represents a fundamentally new experience of public-private partnership in unlocking Yakutia's potential of natural resources. If it is successful, the Republic's leadership is planning to extend exploration efforts to other subsoil blocks," said Ivan Menshikov, General Director of RNG Gaz.
Background information:
The Ulugursky block of 4,204.6km2 is located in Lensky and Suntarsky districts of the Sakha Republic (Yakutia). The licence for this subsoil block was obtained by Ulugurneftegaz (a subsidiary of Sakhatransneftegaz) in December 2015. According to the All-Russian Research Geological Oil Institute, the block's estimated resources are as follows: oil (recoverable) D1l - 0.2 mln tonnes, D1 - 7.3 mln tonnes; gas D1l - 0.9 bln m3, D1 - 21.7 bln m3.
Emerson upgrades reservoir engineering suite, Roxar Tempest

Worldoil.com, April 15, 2019: Emerson has announced the release of Roxar Tempest 8.4, the latest version of its integrated reservoir engineering suite. Tempest allows users to perform advanced reservoir management as well as flow simulation on a broad spectrum of physical models and under varying reservoir conditions. The latest release enhances automation by allowing the use of Tempest technology inside already established geoscience workflows. This release further strengthens Emerson's end-to-end exploration and production software portfolio, ensuring operators can efficiently exploit reservoirs to achieve Top Quartile performance.   Read more...
Turkish Airlines launch direct flights to Marrakech

Yenisafak.com, Aprile 16, 2019:  National flag carrier Turkish Airlines has launched direct flights from new mega Istanbul Airport to Morocco's crimson city of Marrakech, it said Monday.  "As the national flag carrier's first inaugural flight from its new home [Istanbul Airport], Marrakech became Turkish Airlines' second destination in Morocco while becoming its 308th destination globally," it said in a statement.   Read more...
Exxon Mobil wins three exploration blocks offshore Argentina

Euronews.com, April 17, 2019:  U.S. oil major Exxon Mobil Corp said on Tuesday its unit and an affiliate of Qatar Petroleum had won three exploration blocks offshore Argentina.  The three blocks will add about 2.6 million net acres to Exxon's existing holdings in Argentina, the company said. The blocks are located in the Malvinas basin, about 200 miles (320 kms) offshore Tierra del Fuego.  Read more...
The Week in Review
Russia becoming a leading world food supplier - Agriculture Ministry

RT.com, April 17, 2019: Russia will soon become one of the world's 10 leading exporters of agricultural products in the near future, according to Agriculture Minister Dmitry Patrushev.  "The current dynamics of foreign trade suggests that in the medium term Russia is able to enter the list of the world's top ten exporters of agricultural goods," he said, adding that the country is already among the top three major suppliers when it comes to some sectors.  Read more...
Iran, Russia trade enjoy capability to hit USD10b

Menafn.com, April 13, 2019:  Iran and Russia are able to achieve a significant boost in their bilateral trade volume to hit USD10 billion, suggested Chairman of Iran-Russia Joint Chamber of Commerce Hadi Tizhoush Taban on Saturday.  So far, bilateral trade volume between Iran and Russia stand at USD2 billion per year, the chairman pointed out.  Innovative strategies ought to be assumed for exports to Russia to see an increase after sanctions were imposed, the chairman affirmed.  Read more...
Qatari-Russian Business Council signs MoU on co-operation, investment, information exchange

Gulf-times.com, April 15, 2019: The Qatari-Russian Business Council has signed a memorandum of understanding (MoU) between Qatar and Russia on co-operation, investment and information exchange during its regular meeting held in Moscow. 
During the meeting, the council reviewed mutual interests in the trade and economic fields. 
Russia's Novatek starts shipping LNG from new small-scale plant - data

Af.reuters.com, April 17, 2019: Novatek, Russia's largest private gas producer, has started to export liquefied natural gas (LNG) from its newly built small-scale LNG plant in Russia's Baltic Sea port of Vysotsk, Refinitiv Eikon shipping data showed. Russia, one of the world's top gas producers, aims to be a major player in LNG and to export as much as one of the global leaders in the market, Qatar. So far, Russia has two LNG plants in operation: Gazprom-led Sakhalin-2 on the Far East and Novatek's Yamal LNG, on the Arctic Yamal peninsula. Novatek, along with Gazprombank, has built but not yet officially launched its Vysotsk plant, which has a capacity of 660,000 tonnes of frozen gas per year.  Read more...
Ethiopia and Russia sign three-year nuclear power plan

Globalconstructionreview.com, April 17, 2019: The agreement was signed by Alexey Likhachev, Rosatom's chief executive, and Getahun Mecuria (pictured), Ethiopia's minister of technology.  Rosatom said in a  statement : "The roadmap determines specific steps in strengthening bilateral cooperation in the field of peaceful use of atomic energy. The parties have identified joint actions within the framework of a nuclear power plant construction and centre for nuclear science construction projects.  Read more...
Structural upgrade in exports, imports boosts trade between China and Russia

En.ce.cn, April 16, 2019:  China's trade with Russia could be further boosted as bilateral goods trade is undergoing a structural upgrade amid downward economic pressure and stagnant global trade, said industry insiders at the economic forum at the 125th Canton Fair in Guangzhou, capital of South China's Guangdong Province on Tuesday.  The stable growth in bilateral trade between China and Russia, according to Sun Zhuangzhi, director of the Institute of Russia, Eastern Europe and Central Asia Studies in the Chinese Academy of Social Sciences, is the result of high-level cooperation and an upgrade in the export and import business.  At the ongoing Canton Fair, more than 6,000 buyers from Russia came, representing an annual increase of 6.4 percent from last year.  Read more...
Rosatom forges more links with nuclear newcomers

World-nuclear-news.org, April 17, 2019: Rosatom and its subsidiaries have this week signed a number of agreements with countries planning to introduce nuclear power to their energy mix, including Azerbaijan, Congo, Cuba, Ethiopia, Serbia and Uzbekistan. The documents were signed during the XI International Forum Atomexpo 2019 that the Russian state nuclear corporation is holding in Sochi. It also signed an agreement with established nuclear power country China.  Read more...
CIS Business News
The Results of the Azerbaijan-Russia Industrial Cooperation Forum

Moderndiplomacy.eu, April 17, 2019: On April 4, the Azerbaijan-Russia Industrial Cooperation Forum was held in Baku with the participation of representatives of relevant government agencies and entrepreneurs. Speaking at the forum, Azerbaijan's Minister of Economy Shahin Mustafayev noted that the political will and joint efforts of the presidents of Azerbaijan and Russia laid a solid foundation for expanding economic cooperation between two countries.   Read more...
7th Conference on Interregional Cooperation between Russia and Tajikistan

TASS.com, April 17, 2019: On 17 April, in Moscow, the 7th Conference on Interregional Cooperation between Russia and Tajikistan came to a close. Heads of departments, representatives of regions, heads of public associations and companies of the Republic of Tajikistan arrived in Moscow for the event. The organizers were the Ministry for Economic Development of the Russian Federation and the Ministry for Economic Development and Trade of the Republic of Tajikistan, with support from the Roscongress Foundation.  As part of the two-day programme, a number of agreements on cooperation were signed and roundtables were held on aspects of co-operation between the countries in agriculture, logistics, trade, education and culture.  Read more...
Belarus, Russia in talks over agricultural supplies

Eng.belta.by, April 17, 2019: The Agriculture and Food Ministry of Belarus is in constant contact with the Federal Service for Veterinary and Phytosanitary Surveillance of Russia (Rosselkhoznadzor) and the Ministry of Agriculture of Russia as the two countries are negotiating supplies of agricultural products to Russia, Belarusian Agriculture and Food Minister Anatoly Khotko told reporters during the 5th export forum Dairy Belarus on 17 April, BelTA has learned.  Read more...
Russian VEB to join NPP construction project in Uzbekistan

Azernews.az, April 16, 2019:  The "VEB.RF" state corporation will join the Rosatom project on the NPP construction in Uzbekistan.  Two state-owned companies signed an agreement during the 11th International Forum "AtomExpo-2019" "Nuclear technologies for a better life," RBC reports.  Rosatom's financial director Ilya Rebrov explained that VEB will provide construction contractors with guarantees and trade finance. He considers most likely, the NPPs construction in Uzbekistan will be carried out by providing state credit.  Read more...
US-Russia Related News in Russian
Новости недели
Экспорт транспортных услуг России в 2018 году составил $15 млрд

Tass.com, 16 апреля, 2019: Объем экспорта транспортных услуг РФ в 2018 году составил $15 млрд, сообщил замминистра транспорта Алексей Семенов на 24-й международной конференции для грузовладельцев, логистов и перевозчиков "ТрансРоссия". "В прошлом году объем экспорта транспортных услуг составил $15 млрд. Это сопоставимо с экспортом вооружений", - сказал он. Семенов напомнил, что в соответствии с майским указом президента РФ в транспортной отрасли проводится цифровая трансформация.  Читать далее...
Россия может войти в десятку крупнейших поставщиков сельхозпродукции

Regnum.ru, 17 апреля, 2019: Место в десятке крупнейших мировых экспортеров продовольствия способна занять Россия с учетом динамики внешней торговли. Об этом министр сельского хозяйства России Дмитрий Патрушев заявил на итоговой коллегии Минсельхоза. Речь идет о среднесрочной перспективе, пояснил он. В настоящее время Россия по отдельным позициям экспорта уже входит в тройку мировых лидеров, добавил он. Поставки сельхозпродукции значительно выросли по итогам 2018 года, основной прирост обеспечили поставки на внешние рынки зерновых культур. Кроме того, увеличился экспорт рыбы и морепродуктов, мясной продукции и продукции масложировой отрасли, пищевой и перерабатывающей промышленности.   Читать далее...
В феврале Россия в 2 раза увеличила экспорт семян подсолнечника

Apk-inform.com, 16 апреля, 2019: Согласно обновленным данным ИА «АПК-Информ», в феврале т.г. Россия нарастила экспорт семян подсолнечника практически в 2 раза по сравнению с уровнем предыдущего месяца - до 23 тыс. тонн, что также является максимальным месячным показателем, начиная с ноября 2017 г. Всего в первой половине 2018/19 МГ было экспортировано порядка 79 тыс. тонн семян российского подсолнечника, что на 26% превышает показатель аналогичного периода прошлого сезона. При этом около 64 тыс. тонн (или 81%) из общего объема отгрузок пришлось на страны Таможенного союза (35% в аналогичный период предыдущего сезона). В частности, Беларусь в сентябре-феврале 2018/19 МГ увеличила закупки российского подсолнечника на 74% - до 28 тыс. тонн, став таким образом лидером среди стран-импортеров масличной из России.  Читать далее...
Россия через пять лет увеличит экспорт электроники в 3,5 раза

Rg.ru, 16 апреля, 2019: Россия к 2025 году должна в 3,5 раза увеличить объем экспорта электроники и в 1,5 раза расширить ее использование внутри страны, заявил вице-премьер Юрий Борисов. "Основные ориентиры таковы: доля радиоэлектронных изделий российского производства на внутреннем рынке должна вырасти в 1,5 раза к 2025 году, а объем экспорта - более чем в 3,5 раза по сравнению с 2015 годом", - сказал Юрий Борисов в ходе расширенного заседания коллегии Минпромторга. В России уже подготовлена для этого база. На площадке АО "Ангстрем-Т" готовится реализация проекта по созданию микроэлектронного производства, привел он пример.  Читать далее...

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 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 .