Three shareholders of Yukos Oil Corporation OJSC (“Yukos”)—Hulley Enterprises Limited (“Hulley” or “Claimant”), a company organized under the laws of Cyprus, Yukos Universal Limited (“YUL”), a company organized under the laws of the Isle of Man, and Veteran Petroleum Limited (“VPL”), a company organized under the laws of Cyprus (collectively, “Claimants”)—initiated arbitrations against the Russian Federation (“Respondent,” “Russian Federation” or “Russia”) which together with Claimants constitute the “Parties.”