June 2021 | ISSUE No. 327 | 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
info@usrussiacc.org | www.usrussiacc.org
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 at Dubai World Trade Center,
September 21-23, 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 decarbonized and sustainable environment. Gastech 2021 will take place in Singapore, an epicenter 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.

Gastech will be held under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai. Gastech is supported by the Ministry of Energy and Infrastructure of the United Arab Emirates. H.E. Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure commented that “The UAE is delighted to be hosting Gastech, one of the world’s leading events for the gas, LNG, hydrogen, and energy industry. Gastech comes at an important time for the energy industry with a shared global mandate to lower carbon emissions and provide clean affordable energy for all. Gastech is a key enabler of conversations and connections that drive the energy transition agenda."
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
Resilience and Change in a Year Like No Other

Shell.com, June 7, 2021: Shell CEO Ben van Beurden reflects on 2020, a challenging and extraordinary year: the difficult decisions, the positive change – and reveals what he would ask the last queen of Egypt, a civil rights activist and a great explorer if he could invite them for dinner. Read more...
Lukoil Supports Social Projects in Komi Republic

Lukoil.com, June 8, 2021: President of LUKOIL Vagit Alekperov and Head of the Republic of Komi Vladimir Uyba met today in the city of Ukhta and discussed main areas of social and economic cooperation, as well as environmental issues. Over the last 22 years, the Company donated over eight billion roubles into development of these domains. LUKOIL helped to repair and construct around 150 education, culture, sports and public health facilities, to acquire and install over 40 playgrounds for children, to carry out hundreds of environmental activities. Read more...
Amur Gas Processing Plant Enters Operation

Gazprom.com, June 9, 2021: The commissioning ceremony for the first production train of the Amur Gas Processing Plant (GPP), one of the largest plants of its kind in the world, took place today via a video link. The implementation of such an ambitious project in the area of gas processing has no parallel in the history of Russia’s gas sector. 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: info@usrussiacc.org
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 info@usrussiacc.org  
call 713.429.4680
◾ This Week in Review
World Needs Russia’s 'Green' Oil, Rosneft Chief Sechin Says

Themoscowtimes.com, June 9, 2021: Russia’s new “green” Arctic oil infrastructure projects are vital to the global economy, Igor Sechin, the head of Russian state-controlled energy giant Rosneft, has said. Rosneft recently launched construction of its Vostok Oil facility, which is set to become the Arctic’s largest oil terminal with 30 million tons of oil per year produced by 2024 and 100 million tons annually by 2030. Read more...
U.S. to Insist on 'Real Steps' to Mitigate Russian Pipeline Impact

Reuters.com, June 8, 2021: U.S. Secretary of State Antony Blinken said on Tuesday that Washington was working with Germany to try to mitigate any effects of the completion of the Russian Nord Stream 2 natural gas pipeline. He also indicated that more penalties could be in order for those involved with the project. Read more...
Russia to Drive Global Methanol Capacity Additions by 2025

Ein.com, June 8, 2021: Russia has the highest capacity additions globally and its methanol capacity is expected to increase from 8.16 mtpa in 2020 to 44.61 mtpa in 2025 at an average annual growth rate (AAGR) of 34%, said leading data and analytics company GlobalData. Read more...
United Shipbuilding Corporation Agrees on Choice of Russian Components with Rosatom

Tass.com, June 8, 2021: The United Shipbuilding Corporation (USC) has reached an agreement with Rosatom on the choice of Russian components for new icebreakers, USC Chief Executive Officer Alexei Rakhmanov told TASS at the St. Petersburg International Economic Forum. Read more...
State Dept: US Expects Sullivan to Return to Moscow in Coming Weeks

Sputniknews.com, June 10, 2021: The US Department of State confirmed on Thursday that Ambassador Sullivan intends to return to Moscow, Russia, in the coming weeks. No concrete date was provided for Sullivan's trip. Putin and Biden are slated to meet on June 16, at the Villa La Grange in Geneva, Switzerland. Sullivan has remained in the US since late April, after it was recommended that he leave Russia and return to Washington for consultations. Read more...
St. Petersburg International Economic Forum 2021: Highlights and Analysis

Russia-briefing.com, June 6, 2021: Participants of the St. Petersburg International Economic Forum (SPIEF) have signed more than 800 agreements worth over 3.8 trillion rubles (US$52.22 billion), Adviser to the Russian President, Executive Secretary of the SPIEF Organizing Committee Anton Kobyakov said on Saturday. Read more...
Houston-Tyumen Sister Cities
The Tyumen Region Took Third Place in the National Rating of the State of the Investment Climate in 2021

Tumenbezformata.com, June 8, 2021: First Deputy Prime Minister of the Russian Federation Andrei Belousov noted that the Tyumen Region has traditionally been in the top five for several years, but now the situation is special. Nevertheless, the region noted a decrease in the control and supervisory burden on business, as well as an overall improvement in the investment climate. Read more...
CIS Business News
National Bank Updates Economic Forecast for Kazakhstan

Astanatimes.com, June 8, 2021: The main factors behind the revised forecast were the higher oil price and expansion of positive fiscal impulse on the background of upward revision of budget expenditures in the current year. More rapid recovery of business activity in the economy, as well as the growth of real incomes of the population, will contribute to the expansion of aggregate demand, which will be the driver of economic growth. Read more...
Azerbaijani Oil Prices Continue to Rise

Azernews.az, June 10, 2021:  The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, rose by 52 cents on June 9 compared to the previous price, reaching $73.17 per barrel, Trend reports referring to the source from the country's oil and gas market. The price of Azeri LT FOB Ceyhan amounted to $72.54 per barrel on June 9, also increasing by 52 cents compared to the previous price. Read more...
Belarus-Russia Regional Dialogue Seen as Key to Successful Development, Stability

Eng.belta.by, June 8, 2021: Dialogue between Belarusian and Russian regions is a key to successful development and stability, Deputy Chairman of the Council of the Republic of the National Assembly of Belarus Anatoly Isachenko said at a joint session of the Belarusian and Russian organizing committees for the 8th Belarus-Russia Forum of Regions on 8 June, BelTA has learned. Read more...
US-Russia Related News in Russian
◾ Новости недели
Росатом Начал Строительство Уникального Реактора на Быстрых Нейтронах БРЕСТ-300 в Северске

Tass.ru, Июнь 8, 2021: Строительство уникального энергоблока с реакторной установкой на быстрых нейтронах БРЕСТ-300 по стратегическому отраслевому проекту "Прорыв" стартовало во вторник в закрытом городе Северск Томской области. В основание был залит первый бетон, передает корреспондент ТАСС с места событий. Читать далее...
Отказ США от Введения Санкций против Оператора СП-2 Может Быть Аннулирован

K-politika.ru, Июнь 6, 2021: США могут ввести ограничительные меры против оператора «Северного потока — 2». Об этом заявил госсекретарь Энтони Блинкен. Он добавил, что в Белом доме рассчитывают заранее договориться с Берлином о мерах, которые будут предприняты, если Россия захочет использовать газопровод для давления на какие-либо страны. Читать далее...
Путин Протянул Доллару Трубку Мира

Svpressa.ru, Июнь 6, 2021: Президент России Владимир Путин заявил, что Москва не намерена отказываться от доллара, как от резервной валюты или средства расчетов. Об этом лидер сказал в ходе Петербургского экономического форума (ПМЭФ). Читать далее...
Два Международных Трейдера Станут Совладельцами Мегапроекта «Роснефти»

Rbc.ru, Июнь 10, 2021: «Роснефть» и консорциум трейдеров в составе нидерландской Vitol и Mercantile & Maritime Energy (базируется в Сингапуре) подписали cоглашение об основных условиях сделки по продаже 5% проекта «Восток Ойл». Об этом утром в четверг, 10 июня, сообщила пресс-служба «Роснефти». Читать далее...
Мировую Экономику Ждет Ускоренный и Неравномерный Рост

Kommersant.ru, Июнь 9, 2021: Мировая экономика восстанавливается, но крайне неравномерно, говорится в новом докладе Всемирного банка. В организации ждут, что совокупный экономический рост в мире в этом году составит 5,6% — это самое сильное восстановление после рецессии за последние 80 лет (в прошлом году глобальный ВВП сократился на 3,5%). В том числе в США на фоне утверждения антикризисного пакета помощи и планов по наращиванию госрасходов рост ВВП ускорится до 6,8%, но уже в следующем году его прирост замедлится до 4,2% (а в 2023 году — до 2,3%). В России рост, по оценке ВБ, составит 3,2% в оба года (плюс 0,6 п. п. и 0,2 п. п. к предыдущему прогнозу). 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.

Copyright 2017. All Rights Reserved.