May 2021 | ISSUE No. 326 | USRCC Business Newsletter
USRCC Upcoming Events
The USRCC invites you to join the moderated Webinar which will address the current state of the commercial real estate markets. Industry experts representing a major international developer / landlord, a national commercial brokerage firm, an international architectural firm and a national construction company will cover the following topics:
  • Supply chain and construction challenges;
  • Post-COVID new design challenges from development to end-user;
  • Current real estate investment challenges;
  • Leveraging the buyers’ needs to get the best market deal; and
  • Advantages of the U.S. commercial real estate market and current projects.
This event is tailored to investors, developers, prospective tenants, industrial and manufacturing companies and others interested in the U.S. commercial real estate market.

Thursday, June 17th, 2021
9:00 am – 11:00 am CST.
Cost: complimentary

Simultaneous translation into Russian language is included.
Registration deadline: COB Wednesday, June 16th, 2021.
Webinar details will be provided upon registration.

Ross Ford

TCN Worldwide

To read the full bio 
click here
C. Hastings (Hasty) Johnson

Vice Chairman,

To read the full bio
click here
Jim Autenreith

Executive Vice President,
Industrial and Investment Services,
Moody Rambin

To read the full bio 
click here
Tom Ford

Vice President, 
Moody Rambin

To read the full bio 
click here

Bruce Walck

Powers Brown Architecture

To read the full bio
click here
Gary Kelley

Tribble & Stephens

To read the full bio
click here
The 11 Annual Welcome Reception Honoring Delegations 
from Russia, Kazakhstan and Azerbaijan 
at the Offshore Technology Conference (OTC 2021)
The USRCC's OTC Reception is attended by more than 300 international business professionals, including, leading experts from oil and gas/energy industry, investors, suppliers, and government officials.

The USRCC’s OTC Reception 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, August 17, 2021 6:00 pm – 9:00 pm CST

Hotel ZAZA | Fountain Room 
5701 Main Street, Houston, TX 77005
USRCC Members - $50 | Non-members - $100

"Pay at the Door" Option will be available at: 
USRCC Members - $55 | Non-Members - $110

Registration deadline: COB Monday, August 16, 2021
Refunds will not be issued after August 13, 2021


The U.S.-Russia Chamber of Commerce is hosting this Webinar to discuss the long-term challenges facing the global supply chain. Energy, Shipping, Mining and Metals, and Agriculture industries’ leaders will share their experiences as to what their respective industries are doing to combat the missing pieces that make the global economy move products smoothly.
  • How to handle supply chain disruptions?
  • How to decrease costs throughout the supply chain?
  • How to meet consumer demands and improve quality, speed and service?
  • What are the advantages of digitalization of supply chain management?
These and other related questions will be covered during this Webinar.

Tuesday, October 5th, 2021

8:00 am – 9:30 am (CST) | 16:00 – 17:30 (MSK)

Registration deadline: COB Monday, October 4th, 2021.


2900 Wilcrest Drive, Suite 133, Houston, TX 77042 | +1 (713) 429-4680 |
Anton Posner

Chief Executive Officer,
The Mercury Group and Mercury Resources LLC;
North East Chapter Chair and 
New York Representative,
U.S.-Russia Chamber of Commerce

To read the full bio click here
C. Brian Hesse

President and CEO, 
Rusal America Corporation

To read the full bio click here
Scott Bergeron

Director of Business
Development & Strategy,
Oldendorff Carriers GmbH & Co. KG

To read the full bio click here
Robin Martin

Head of Market Development,
London Metal Exchange

To read the full bio
click here
Scott R. Evans


To read the full bio
click here
The U.S.-Russia Chamber of Commerce
invites you to the partner event -
Gastech Exhibition & Conference 2021 at Singapore EXPO,
September 13-16, 2021.

Gastech is a global platform that convenes industry leaders annually in their shared mandate towards a zero-carbon economy. A key enabler of engagement between policy makers, business leaders, disruptors and innovators, Gastech 2021 will drive the conversations, collaborations and connections to address the challenges and opportunities created by the energy transition. Lower and zero-carbon fuels will play a central role in the delivery of the new energy landscape, as global focus continues to move towards a decarbonised and sustainable environment. Gastech 2021 will take place in Singapore, an epicentre for trade across Asia, reflecting the rapid shift Asian economies are making towards Natural Gas and LNG to meet their energy demands. Gastech will help you shape the strategies that will enable your company to thrive, providing an opportunity to explore new markets, forge exciting new partnerships and generate new business across the gas, LNG, hydrogen and energy value chain.

For more information click here.
USRCC Membership
Are you taking advantage
of your USRCC Member Benefits?

The U.S.-Russia Chamber of Commerce provides a variety of Membership options to fit your business needs and goals. Renew your membership or join for the first time today!

For more information click here.
Member's News
Lukoil and ROSATOM Conclude Cooperation Agreement, June 3, 2021: President of LUKOIL Vagit Alekperov and Director General of ROSATOM Alexey Likhachev held a meeting today at the St. Petersburg International Economic Forum and signed a Cooperation Agreement. The document provides for collaboration in import substitution and development of cooperation at Russian and global markets. The parties will join efforts to work on renewable energy and carbon-free technologies, develop and implement environmentally friendly and digital solutions, as well as create equipment and services for Russian fuel and energy complex. The agreement puts a premium on use of composites, motor oil and fuels (including those suitable for cold climate), production of polymer materials, fine and specialty chemicals, second- and third-generation biofuels. Read more...
ASTM International Unveils Annual Report, Highlights Collaborative PPE Forum at Business Meeting, June 1, 2021: Global standards organization ASTM International held its annual business meeting today. The virtual event celebrated last year’s standards development successes, including efforts to support the fight against COVID-19, and unveiled the 2020 annual report. At the event, 2021 Board Chair John R. Logar previewed the annual report, entitled “Resilience”. The report highlights the organization’s continued development of standards in the innovative fields of commercial spaceflight, drones, exo technologies, additive manufacturing, and more. It also details ASTM International’s efforts to support global health by offering no-cost access to standards used in the production and testing of personal protective equipment (PPE). Read more...
USRCC Announcement
The USRCC Member is seeking
business representative in Russia

Here are the key requirements:

  • The company / individual should have the industry contacts in dealing with Sulphur plants, CO2 capture and/or academics;
  • The representative should have a working knowledge of the amine industry;
  • The representative should have the understanding of how business works in the Russian region;
  • The company / individual could have represented tray vendors, solvent suppliers, other software, or Engineering, Procurement and Construction company.

For more details please contact:
Please indicate in subject line "Russian Representative"

The USRCC is looking for new team members!

Volunteers 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 
or contact us directly at  
call 713.429.4680
This Week in Review
OPEC, Russia Seen Gaining from Climate Activist Wins, June 1, 2021: Climate activists who scored big wins against Western majors last week had some unlikely cheerleaders in the oil capitals of Saudi Arabia, Abu Dhabi and Russia. Defeats in the courtroom and boardroom mean Royal Dutch Shell, ExxonMobil and Chevron are all under pressure to cut carbon emissions faster. That’s good news for the likes of Saudi Arabia’s national oil company Saudi Aramco, Abu Dhabi National Oil Co, and Russia's Gazprom and Rosneft. Read more...
Transneft Extends Term to Settle Druzhba Pipeline Incident until 2022, June 1, 2021: Russian pipeline operator Transneft has revised the forecast for the settlement of the incident with oil contamination at the Druzhba pipeline, extending it for a year - until 2022, a top manager of the company said during a conference call with analysts and investors. Read more...
Russia Cuts US dollar Holdings in $119-billion Wealth Fund to Zero, June 3, 2021:Russia said it will eliminate the dollar from its oil fund to reduce vulnerability to Western sanctions just two weeks before President Vladimir Putin holds his first summit meeting with US leader Joe Biden. Read more...
Russia Gathers Thousands for Economic Forum Despite Pandemic, June 3, 2021: A flagship economic forum has returned to Saint Petersburg, with Russia aiming to signal it has moved beyond the coronavirus pandemic and is open for business despite political tensions.The Saint Petersburg International Economic Forum (SPIEF), often dubbed the Russian Davos, officially started on Thursday and is the country's main showcase for investors, attracting political and business leaders from around the world. Read more...
Russia's Sakhalin Energy Shuts Biggest Production Platform for Maintenance, June 1, 2021: Russian liquefied natural gas producer (LNG) Sakhalin Energy said on Tuesday it would halt the Piltun-Astokhskaya-B (PA-B) offshore oil and gas production platform for planned annual maintenance for a month. The PA-B platform is the first this year to shut for planned maintenance among the production assets of LNG plant Sakhalin-2, the company said. Read more...
Foreign Manufacturers In Russia May Need To Comply With Digital Source Of Overseas Origin Requirements, June 3, 2021: Russia’s Ministry of Economic Development (MED) intends launching a new system of control over foreign factories that manufacture consumer products which are then sold in Russia. It does not affect manufacturers in Russia from EAEU nations. The impact however is expected to be significant as this will affect every second imported product sold in the country. The MED wants to ensure whether the Russian side has carried out all the necessary checks on these components. From September 1, the MED wants importers to digitally identify their overseas production sites, including their geographic coordinates, which will allow them to be found using GLONASS signals. The system will automatically check whether the production has passed all the stages of required checks. Read more...
Houston-Tyumen Sister Cities
Governor Moore Will Go to St. Petersburg for Investments, June 1, 2021: Governor Alexander Moor will lead the Tyumen delegation at the St. Petersburg International Economic Forum (SPIEF), which will be held in the northern capital from 2 to 5 June. This was reported to URA.RU in the operational headquarters of the Tyumen region. One of the goals of Moora's trip will be to find investors in the region's economy. Read more...
CIS Business News
Kazakh Foreign Ministry Predicts Rise of Foreign Direct Investment To Pre-Pandemic Level In Next Two Years, May 31, 2021: Kazakh Ministry of Foreign Affairs expects the level of foreign direct investment in Kazakhstan to rise back to the pre-pandemic level at the turn of 2022-2023. The prognosis, along with the results of previous foreign investments and current projects in development, was shared by the Ministry at a press briefing on May 31. Read more...
Azerbaijani Oil Price Continues to Grow, May 31, 2021:  The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, grew by 71 cents on June 2 compared to the previous price, reaching $71.28 per barrel, Trend reports referring to the source from the country's oil and gas market. Read more...
Belarus, Russia Building New Model of Relations in Common Economic Space, June 1, 2021: Belarus and Russia are building a new model of relations within the framework of the common economic space, without compromising the political or economic sovereignty, Belarusian Prime Minister Roman Golovchenko told the media following the meeting hosted by Belarusian President Aleksandr Lukashenko, BelTA has learned. Read more...
US-Russia Related News in Russian
◾ Новости недели
Финишная Прямая: "Северный поток - 2" Начинает Работу в Тестовом Режиме, Июнь 2, 2021: Во вторник, 1 июня, состоялась инспекция объектов строящегося газопровода «Северный поток-2», расположенных на территории Ленинградской области. Со следующей недели эти объекты начнут функционирование в тест-режиме с целью подготовки пуска «голубого топлива» в Германию. Соответствующее заявление сделал губернатор Ленинградской области Александр Дрозденко, высказывания которого приводит ТАСС. Читать далее...
Орешкин Прогнозирует Рост Роли Государства и Пик Социального Неравенства, Июнь 3, 2021: В ближайшие десятилетия в мире продолжит расти роль государства, но при этом через несколько лет развитые страны пройдут пик социального неравенства, полагает помощник президента РФ Максим Орешкин. Своими взглядами на глобальное будущее он поделился на сессии «Архитектура постковидного мира: технологии, экономика, общества» в рамках ПМЭФ-2021. Читать далее...
В Минфине Заявили, Что Золото в Структуре ФНБ Защитит Средства от Инфляционных Рисков, Июнь 3, 2021: Золото введено в структуру Фонда национального благосостояния (ФНБ) в качестве актива, способного обеспечить защиту средств фонда от инфляционных рисков, сообщает Минфин России.Изменения структуры ФНБ направлены на сохранность средств фонда на фоне геополитических тенденций и решений, направленных на "дедолларизацию" экономики, отмечает министерство. Читать далее...
Беседа Лидеров России и США Носила Деловой и Откровенный Характер, Июнь 3, 2021:Президент России Владимир Путин провел первый телефонный разговор с недавно приступившим к исполнению своих обязанностей президентом США Джо Байденом. Главы государств обсудили широкий круг тем, вот только две стороны уделили особое внимание совершенно разным вещам. Контакты в любом случае условились продолжить. Читать далее...
Россия Вошла в Тройку Поставщиков Нефти в США, Май 29, 2021: Россия в марте увеличила поставки нефти и нефтепродуктов в США. По сравнению с февралем поставки выросли в 1,8 раза – до 22,94 миллиона баррелей. По объему экспортного топлива Россия стала второй после Канады, поставившей в США 139,87 миллиона баррелей. На третьем месте – Мексика с 17,62 миллиона баррелей, сообщает ТАСС. Читать далее...
 USRCC Executive Partners 
U.S.-Russia Chamber of Commerce
2900 Wilcrest Drive
Suite 133
Houston, TX 77042

The U.S.-Russia Chamber of Commerce (USRCC) is a 501(c)(6) not 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 Russian 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.

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