The exploitation period will be twenty five years and may be extended by an additional ten years. The crude oil remaining after payment of the royalty is the disposal crude oil. The percentage will increase with financial effort and risk by the contractor. In the event of Benin choosing to participate, the State shall reimburse a pro rata share of the costs incurred by the contractor prior to the date of state participation. Disposal crude oil less cost oil is referred to as profit oil and will be shared on a scale agreed to by the parties.
Contractors are subject to the income tax laws of the country.
A part of the State's share of the profit oil will be used to pay the Income Tax of the Contractor.