Perenco Ecuador Ltd. v. The Republic of Ecuador and Empresa Estatal Petróleos del Ecuador (Petroecuador), ICSID Case No. ARB/08/6, Decision on Remaining Issues of Jurisdiction and on Liability (September 12, 2014)
1. The Claimant, Perenco Ecuador Limited, is a company incorporated under the laws of the Commonwealth of the Bahamas. The Claimant avers that at the material time, namely on 17 October 2007, when consent to the arbitration of this dispute was given, it was controlled by French nationals and hence the Tribunal has jurisdiction over the Treaty claim brought by Perenco.1 The Claimant has also advanced claims of breach of the Participation Contracts relating to Blocks 7 and 21. The Claimant is hereinafter referred to as “Perenco” or “the Claimant.”
2. The Respondent is the Republic of Ecuador and is hereinafter referred to as “Ecuador” or “the Respondent.”
3. The Claimant and the Respondent are hereinafter collectively referred to as “the Parties.” The Parties’ respective representatives and their addresses are listed above on page (i).