Turkey's Energy and Natural Resources Minister Taner Yıldız said that Iran was a country rich of oil and natural resources.
"We are developing a framework agreement according to Iran's model where there is no transfer of property, and we hope we will sign it tomorrow," Yıldız told reporters in Tehran.
Yıldız is actually accompanying Turkish Prime Minister Recep Tayyip Erdogan, who is visiting the Iranian capital.
The Turkish energy minister also said Iranian company and Turkish Petroleum Corporation would make explorations in South Pars basin, and the exploration would begin either in the first or the second week of November.
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