This agreement is effective until 31/12/2025. A new agreement will be required for the year 2026.

First: The Oil File

1. KRG will begin exporting all oil produced from the Region's fields, amounting to two hundred and thirty thousand (230,000) barrels per day, in addition to any future increases, through the State Oil Marketing Organization (SOMO). The Federal Ministry of Finance will provide the Regional Government with $16 per barrel, in accordance with the amended Federal General Budget Law.

2. A daily amount of 50,000 barrels will be allocated for domestic use in the Region, provided that the Regional Government commits to paying the production costs for this quantity. If the Region requires it, the Federal Ministry of Oil will allocate an amount of derivatives equivalent to the refining of 15,000 barrels. A joint committee from the Federal Ministry of Oil and the Regional Ministry of Natural Resources will assess the Region's actual need for oil derivatives for allocation purposes and will submit its report within two weeks.

Second: The Non-Oil Revenue File

1. The Regional Government will hand over an amount of 120 billion dinars for each of the months of May and June to the Federal Ministry of Finance.

2. A working team from the Federal and Regional Boards of Supreme Audit will be formed to audit and classify non-oil revenues and determine the Federal Government's share thereof, within one month.

3. The Ministry of Finance will immediately begin disbursing the salaries of the Region's employees for the months of May, June, and subsequent months.