No. 226

  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! 

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 21-22, 2019.

Stop by the USRCC booth #2139!

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

The 9th Annual Welcome Reception
Honoring Russian and CIS Delegations to the 
Breakbulk Americas 2019

Please join the U.S.-Russia Chamber of Commerce in welcoming Russian and CIS delegations to the  9th 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.

When: Wednesday, October 9, 2019 
6:00 PM - 8:00 PM 
Where: Four Seasons Hotel, Whitney Room 
* 1300 Lamar Street,  Houston, TX 77010

Please note: Refunds will not be issued after October 5, 2019

USRCC Members - $30/ Non-Members - $60

Silver Sponsor 

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 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
ExxonMobil Unveils New and Improved Synergy Supreme+ Premium Gasoline Formulation

Businesswire.com, July 1, 2019: ExxonMobil announced today that the latest formulation of Synergy Supreme+™ premium gasoline, the company's most advanced fuel formulation to date, is now available at more than 11,500 Exxon and Mobil stations across the United States. A new and improved additive package keeps engines two-times cleaner for better gas mileage.Synergy Supreme+ premium gasoline is the latest enhancement to ExxonMobil's suite of Synergy™ fuel products. In addition to the benefits of the original Synergy gasoline formulation, the fuel's improved additive package includes two new ingredients specific to Synergy Supreme+ premium gasoline, including a new friction modifier that reduces wear and tear on engines by 30 percent and an enhanced detergent package that removes deposits left behind by gasoline that meets minimum government standards.  Read more...

Lukoil.com, July 3, 2019: Today in Moscow LUKOIL and Nestlé have signed a three-year Framework Partnership Agreement, according to which Nestlé becomes a strategic and main coffee supplier at LUKOIL filling stations. The document extends the cooperation started in 2014.
The cooperation with the global coffee leader assumes the implementation of the new retailing solutions at LUKOIL filling stations. The main ones include the development of menu for premium beverages and an exclusive blend of coffee, creation of a new design of coffee-zones and high-tech coffee equipment installation.   Read more...
Baker Hughes GE wins £3million North Sea deal with i3 Energy

Energyvoice.com, July 2, 2019: Baker Hughes GE (BHGE) has been awarded contracts worth £3million from i3 Energy for two upcoming North Sea prospects.
The firm will supply oilfield services and equipment for i3's summer drilling programme for its Liberator and Serenity prospects in the outer Moray Firth.
BHGE will also carry out work on the Phase 1 development at Liberator next year.
As part of the award, BHGE has agreed that the contract fees will not become payable until i3 has received its first sales revenues from Liberator Phase 1.
Earlier this year i3  hired the Borgland Dolphin rig to drill a pilot production well at Liberator, as well as appraisal wells on the Liberator West extension and nearby Serenity prospect.  Read more...
Turkmenistan and Gazprom Settle 5-Year Gas Deal

Thediploman.com, July 4, 2019: This week,  Gazprom signed a 5-year contract with Turkmengaz under which Turkmenistan will supply the Russian gas company with 5.5 billion cubic meters (bcm) per year. The new agreement builds on a short-term contract arrived at in mid-April, which saw Turkmen gas flowing to Russia for the first time in three years. According to Gazprom, from April 15 to June 30, it took in 1.2 bcm of Turkmen gas.
Up until 2010, when Turkmenistan began exporting gas to China, Russia was the country's main customer. As China's share of Turkmen gas exports grew, Russia's declined - from a high of 40 billion cubic meters in 2008 to 10 bcm annually from 2010 to 2015, and then just 4 bcm in 2015. At the start of 2016, Russia ceased purchasing Turkmen gas entirely, reportedly over price disagreements.  Read more...
The Week in Review
Russia to host several major summits in the near future, says Putin

Tass.con, July 3, 2019: Russia is planning to host several major summits in the near future, President Vladimir Putin said on Wednesday.
"We will host a chain of major international events," the president said at a ceremony to receive credentials from new ambassadors on Wednesday. Russia assumes the chairmanship of the Shanghai Cooperation Organization, while at the start of the next year, it will take over the presidency of the BRICS group of nations (Brazil, India, Russia, China and South Africa). "In July 2020 we will host summits of these associations," the Russian leader said.   Read more...
Turkish, Russian head of parliaments meet in Moscow

Hurriyetdailynews.com, July 3, 2019: A return to the visa-free regime between  Russia and  Turkey would accelerate economic, social and humanitarian relations,  Turkey's  Parliament Speaker  Mustafa  Şentop said on July 2.       
Meeting Valentina Matviyenko,  Russia's upper chamber of parliament speaker,  Şentop said the issue was one of utmost importance to the Russian-Turkish political agenda.     
Noting that political alignment between Ankara and Moscow impacted all areas of relations, particularly economic ties,  Şentop underlined that the two countries' leaders set a goal to reach $100 billion trade turnover between the two countries.    Read more...
NOVATEK, Mitsui and JOGMEC signed Sale Agreement for Arctic LNG 2 stake

Neftegaz.ru, July 1, 2019: On June 29, in the presence of the President of Russia Vladimir Putin, and the Prime Minister of Japan Shinzo Abe, NOVATEK and the consortium of Mitsui and Japan Oil, Gas and Metals National Corporation (JOGMEC) signed the Sales and Purchase Agreement to purchase a 10% participation  interest in the Arctic LNG 2 project. 
The participation in the Project also provides for the long-term LNG offtake of approximately 2 million tons per annum by the Japanese partners. The Agreement will close in the nearest future subject to regulatory approvals.
"We welcome the consortium of Mitsui and JOGMEC as partners in our  Arctic LNG 2 project," noted Leonid Mikhelson, NOVATEK's Chairman of the Management Board.   Read more...
Yamal LNG has produced 9 million tons of LNG in 1st half 2019

Hydrocarbonengineering.com, July 3, 2019: Yamal LNG has announced that it has produced 9 million t of LNG and 600 000 t of stable gas condensate in the first half 2019. All three LNG trains were running above nameplate capacity in the first half of 2019.
For the same period, 126 LNG tanker shipments were dispatched. Most of the LNG was transhipped from the ice-class LNG carriers to conventional vessels in Norway and delivered to various markets. From the start of transhipment in November 2018, 123 ship-to-ship transfer operations have been conducted.   Read more...
Chinese oil drillers are back in Russian Arctic

Thebarentsobserver.com, July 4, 2019: It is the third year in a row that drilling rig «Nan Hai 8» arrives in Murmansk to prepare for drillingin Arctic waters.
The 15,469 deadweight ton installation previously also called the «Nan Hai Ba Hao» has been discharged from heavy loads vessel Red Zed I and now lies ready for action in the Kola Bay.
According to Rosmorport, the Russian port management authority, the operation was conducted on the 30th June and included complicated navigational exercises.
The rig is due to be located in Murmansk for ten days before it tugged towards drilling grounds in Arctic waters. From before in the Kola Bay are moored three powerful Norwegian support and tugboats. The «Sea Spear », the «Sea Surfer » and «Siem Emerald » have been in the area for several days and might be the ships that will accompany the  «Nan Hai 8 » out at sea.   Read more...
Russia-Japan Investment Fund to set up $789m chemical complex

Dealstreetasia.com, July 3, 2019: Russia-Japan Investment Fund - a joint initiative by the Japan Bank for International Corporation (JBIC) and Russian Direct Investment Fund (RDIF) - has teamed up with AEON Infrastructure Corporation to set up a $789-million chemical cluster,  RDIF said in a statement. The project involves setting up of a methanol plant with 1 million tonne capacity slated for completion by late 2022. "Its products will be highly competitive in the global market due to minimal production costs. We look forward to furthering collaboration with Japanese companies on new projects in Russia," said RDIF chief executive Kirill Dmitriev in a statement.
Russia extends zero duty on wheat exports as production continues to boom

Rt.com, July 1, 2019: In 2016, Russia became the world leader in wheat exports. The country's share of the global wheat market has quadrupled since the early 2000s.
Overall, Russian agricultural production surged by 20 percent over the past five years. According to Patrushev, Russia will soon become one of the world's 10 leading exporters of agricultural products.    Read more...
Turkish brewers promise a billion for malt from Tatarstan

Realnoevremya.com, July 4,2019: The government of Tatarstan and AB InBev Efes have signed an agreement to launch agro-industrial programme for growing malting barley in the republic. The company intends to purchase raw materials from local agricultural firms using special technologies and will supply farmers with its own seeds. The contracts for the supply of 9,000 tonnes of barley were signed in the spring, they plan to increase the figure to 60,000 tonnes. Moreover, as the ministry of agriculture and food of the Republic of Tatarstan explained to Realnoe Vremya, the manufacturer has pledged to buy barley at market price, and therefore, Tatarstan farmers will have the opportunity to gain up to a billion rubles from brewers.  Read more...
ROSATOM will conduct research on Russian nuclear fuel materials in the Czech Republic

Neftegaz.ru, July 2, 2019: TVEL Fuel Company of ROSATOM and Czech research center Rez have signed an agreement on cooperation in materials science studies and research. 
On the grounds of the agreement,  Czech scientists will provide experiments on irradiation of nuclear construction materials in the CVŘ research reactor and also accomplish pre-irradiation and post-irradiation studies. 
The research will focus on behavior studies of construction materials of  nuclear fuel  assemblies including zirconium, chrome-nickel and steel alloys, as well as some other prominent materials. Such studies are provided in order to validate operational characteristics of Russian-made nuclear fuel.  Read more...
Russian space agency to use artificial intelligence in Moon's exploration

Tass.com, July 2, 2019: Russia plans to explore the Moon using robots with the elements of artificial intelligence, the press office of the State Space Corporation Roscosmos told TASS on Tuesday.
"The participation of humans in this program is harmoniously combined with the use of automatic space vehicles and robotics with the elements of artificial intelligence," Roscosmos said.
Robotized systems will be maximally used in the Moon's exploration to reduce "possible risks for the health of humans and the cost of the program as a whole," the Roscosmos press office said.
The Central Research Institute of Machine-Building, which is Roscosmos' head research organization, envisages "exploring, developing and using" the Earth's natural satellite as part of a lunar program concept being worked out.  Read more...
Houston - Tyumen Sister Cities
Researchers Invent Unique Method for Studying Life

Sputniknews.com, July 1, 2019: Researchers at Tyumen State University (TSU) have developed a method for controlling and stabilising clusters of evaporating water droplets - a tool to study natural processes in atmospheric aerosols that is basically a natural "biological reactor". The research article was published by the Philosophical Transactions of the Royal Society.
Condensed microdroplets play a crucial part in nature. They are involved in various phenomena, from water harvesting by plants and insects to microorganism migration in bioaerosols. Under certain conditions (locally heated water) they can form patterns, a rising monolayer of droplet clusters over a heated water layer (2D-aerosols).   Read more...
CIS Business News
Uzbekistan, Azerbaijan agree to step up cooperation in tourism

Akipress.com, July 2, 2019: The delegation of Uzbekistan met State Tourism Agency Chairman Fuad Nagiev on the sidelines of the 43rd session of the UNESCO World Heritage Committee in Baku. The sides praised the increased flow of tourists between two countries and reached agreement to step up cooperation in this area. A memorandum of understanding was signed between the International University of Tourism and Azerbaijan University of Tourism and Management.  Read more...
KazakhExport to establish, strengthen Kazakh-Chinese business relations through new representative office in China

Astanatimes.com, July 2, 2019: Kazakhstan's export insurance company will establish and strengthen business relations among Kazakh and Chinese firms through its new representative office in China, reports Inform.kz. "As part of the development programme for Kazakh companies, we planned to open two offices in China," said KazakhExport Board Chairman Ruslan Iskakov at the recent signing of KazakhExport's memorandum with the Rural Supply Cooperation of China's Shanxi province. "We see great potential in cooperation between Kazakhstan and China. The very first meetings that we had yesterday and today show us what opportunities have opened up among our countries, which are much greater than previously. I very much hope that our office in Xiyang County will become a centre for the development of bilateral trade."  Read more...
Armenia interested in cooperation with Belarus in agriculture

Eng.belta.by, July 1, 2019: Armenia is interested in advancing cooperation with Belarus in agriculture. Armenia President Armen Sarkissian made the relevant statement as he met with Belarusian Agriculture and Food Minister Anatoly Khotko on 1 July, BelTA has learned. Armen Sarkissian spoke highly of the quality of Belarusian food. "Belarus has a large potential in the area of agriculture," he said. According to the Armenian head of state, his country is intent on saturating the market with safe and quality foods. Cooperation in this direction has great prospects. "We would like to use Armenia's territory to create a food safety platform. The platform will be used to implement certain agreements with producers from various countries," Armen Sarkissian said.  Read more...
US-Russia Related News in Russian
Новости недели
Газпром нефть реализует цифровой подход к планированию нефтепереработки

3 июля, 2019: Neftegaz.ru: Газпром нефть  завершила 1й  этап создания  цифровых  инструментов интегрированного календарного планирования производства и реализации продуктов нефтепереработки.
Об этом Газпром нефть сообщила 3 июля 2019 г.
Созданная специалистами Газпром нефти цифровая система интегрированного планирования стала 1й подобной системой в России.
Система собирает данные о потребностях рынка и анализирует с учетом производственных возможностей нефтеперерабатывающих активов и логистических параметров.
С помощью комплексных математических моделей процессов и технологий обработки BigData система контролирует и обрабатывает более 20 тыс. параметров, включая технологические режимы и показатели качества продуктов.  Читать далее...
Торговый оборот Татарстана и Словакии в 2018 году вырос на 23% до 540 млн долларов

Tatar-inform.ru, 3 июля, 2019: Татарстан готов оказать поддержку предпринимателям из Словакии, которые планируют развивать свой бизнес в России. Об этом сообщил Президент РТ Рустам Минниханов на встрече с руководителем парламента Словакии Андреем Данко. 
Открывая встречу, Президент Татарстана напомнил, что сегодня с утра в Казани прошел деловой форум «Татарстан - Словакия», на котором предприниматели из двух регионов провели ряд встреч. «Товарооборот между Словакией и Татарстаном вырос на 23%, составил 540 млн долларов, и потенциал для развития есть. Интерес у бизнеса огромный, и мы будем расширять наши контакты, будем поддерживать словацкий бизнес, который планирует быть представлен в России.  Читать далее...
"ЛУКОЙЛ" зарегистрировал дочернюю структуру в Конго

Interfax.ru, 3 июля, 2019: Нефтяная компания "ЛУКОЙЛ" зарегистрировала в Конго "дочку" LUKOIL Upstream Congo Anonymous Company Unipersonel. Как следует из списка аффилированных лиц компании, она была создана 16 апреля в Пуэнт-Нуаре.
В начале июня "ЛУКОЙЛ" сообщил, что приобрел 25%-ную долю участия в проекте Marine XII в республике Конго за $800 млн. Президент компании Вагит Алекперов  говорил в кулуарах ПМЭФ, что "ЛУКОЙЛ" рассматривает проекты по сжижению газа за рубежом, в том числе в рамках проекта "Марин-12" в Конго.
Эти новости вызвали критику со стороны главы Минфина Антона Силуанова. Он  выразил недоумение, почему "ЛУКОЙЛ", получающий налоговые льготы в России, инвестировал в шельф в Конго. Министр призвал все компании, имеющие преференции, инвестировать внутри страны.   Читать далее...
Экспорт сельхозпродукции в Сербию увеличился на 10%

Dairynews.ru, 3 июля, 2019: Экспорт сельхозпродукции в Сербию увеличился на 10%. Об этом стало известно в ходе встречи Директора Департамента международного сотрудничества Минсельхоза России Максима Марковича с Государственным секретарем Министерства сельского, лесного и водного хозяйства Республики Сербия Богданом Игичем, пишет The DairyNews со ссылкой на пресс-службу Минсельхоза РФ. 
В рамках встречи участники обсудили подготовку к подписанию Соглашения между Правительством Российской Федерации и Правительством Республики Сербия о сотрудничестве в области карантина и защиты растений, проведение очередного заседания Рабочей группы по сотрудничеству в области сельского хозяйства, а также вопросы развития торговых отношений в сфере АПК между двумя странами.  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 center 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 .