We are pleased to announce the commencement of the skid-mounted oil processing unit (SOPU) project, with a capacity of 40,000 barrels per day, to process crude from Ghalenaar, Kabud, and Balarud oil fields, located in Andimeshk, Khuzestan. This project, now officially effective, represents a significant development in the Iranian oil and gas sector as the first contract signed under the Build, Own, Operate (BOO) framework by National Iranian Oil Compan with a local company. In addition to the technical and operational aspects, the project emphasizes sustainable development, including the creation of local employment opportunities, and adheres to rigorous Health, Safety, and Environmental (HSE) standards. We look forward to contributing to the growth and sustainability of the region through the successful execution of this project.