I. INTRODUCTION AND PARTIES 

1. This case concerns a dispute submitted to the International Centre for Settlement of Investment Disputes (“ICSID” or the “Centre”) on the basis of the Agreement between the Government of Canada and the Government of the Republic of Venezuela for the Promotion and Protection of Investments dated July 1, 1996 (the “BIT” or “Treaty”), which entered into force on January 28, 1998, and the Rules Governing the Additional Facility (the “ICSID Additional Facility Rules”) and Schedule C to the ICSID Additional Facility Rules, as amended and in effect from April 10, 2006.1 The dispute relates to the Bolivarian Republic of Venezuela’s termination of Nova Scotia Power Incorporated’s right to receive up to 1.7 million metric tonnes of coal at fixed prices from the Paso Diablo coal mine in Venezuela.2 

2. The Claimant is Nova Scotia Power Incorporated, a company incorporated under the laws of Canada,3 hereinafter referred to as “NSPI” or the “Claimant.” 

3. The Respondent is the Bolivarian Republic of Venezuela, hereinafter referred to as “Venezuela” or the “Respondent.”