Prime Minister L. Oyun-Erdene submitted proposals to Chairman of the State Great Hural (Parliament) D. Amarbayasgalan on January 8, 2025, seeking approval for additional funding under the EPC-04 package of the oil refinery project and an investment agreement with Orano Mining SAS.

Due to the economic challenges of recent years, including rising costs of goods, materials, and equipment, as well as additional requirements set by technology licensors, the costs for the EPC-04 package—covering the construction of core facilities and oil processing works—have increased by approximately 30% compared to the estimates made in the 2018 feasibility study. In response, the Ministry of Finance requested supplemental financing through a loan from India's EXIM Bank, which has been approved. Prime Minister L. Oyun-Erdene emphasized that the proposal submitted to the State Great Hural seeks approval for the loan agreement required for this additional funding.

The government also presented the draft investment agreement with Orano Mining SAS, a shareholder in Badrah Energy LLC. If approved and ratified by the State Great Hural, this agreement will represent the second-largest foreign investment agreement signed with a third country. It is expected to increase foreign direct investment and contribute an estimated MNT 520 billion annually to the state and local budgets, and MNT 17.1 trillion over the project's duration. Additionally, the National Wealth Fund is projected to receive MNT 61.5 billion annually and MNT 2 trillion in total. The project will introduce new technologies, create 1,600 jobs, and significantly boost economic activity.