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The Supreme Federal Court of Iraq, which has the highest legal authority, has issued its final decision regarding the export of oil from the Kurdistan Region.

The Supreme Court decision summary:

• The Kurdistan Region's Oil and Gas Act No. 22 of 2007 has been repealed.

• The Kurdistan regional government's commitment to (handing over all oil products from the Kurdistan region's farms and other areas, from which the ministry of natural resources extracts oil and is handed over to the federal government).

• Claimant has the right to investigate the cancellation of oil contracts signed by the Regional Government and its representative (Minister of Natural Resources) with foreign parties, states, and companies regarding the discovery, extraction, export, and sale of oil.

The Kurdistan Regional Government's commitment to allow the Iraqi Ministry of Oil and the Federal Financial Supervisory Bureau, to review all oil contracts signed by the Kurdistan Regional Government regarding the export and sale of oil and gas. To scrutinize them and determine the financial rights of the regional government, and determine the region's share of the public budget.