Azerbaijan, Turkey round off gas talks

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Azerbaijan and Turkey rounded off gas talks, Azerbaijani Industry and Energy Minister Natik Aliyev said at the 13th Eurasian Economic Summit in Istanbul.

The Minister stated that both countries will sign a relevant agreement in the near future, Azertag news agency reports.

Aliyev noted that Azerbaijani companies have increased investments in Turkey’s economy, adding that over 500 Azeri companies invested in various sectors.

He also stressed that after SOCAR purchased a 51% share of Turkish petrochemical giant Petkim, it plans to invest additional $3-5 bn in the company.

A.G.

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