Gas negotiations between Azerbaijan and Turkey have ended, Industry and Energy Minister Natik Aliyev said at the Thirteenth Eurasian Economic Summit in Istanbul, the Azertaj state news agency reported.
According to the minister, agreements will be signed between Turkey and Azerbaijan in the near future.
Aliyev said Azerbaijani companies have increased their investments in the Turkish economy.
According to the official, over 500 Azerbaijani firms have invested in different spheres of the Turkish economy.
Aliyev said the State Oil Company of the Azerbaijan Republic continues to invest in the Petkim after acquiring 51 percent shares of Turkish petrochemicals giant, and plans to invest an additional $3.5 billion.