The assets comprised a 7.27 per cent non-operated interest in the Azeri Chirag Gunashli oil fields in the Azerbaijan sector of the Caspian Sea, 8.71 per cent interest in the Baku-Tbilisi-Ceyhan (BTC) pipeline and 50 per cent in the Karabakh field.

“Deeply saddened and shocked by the tragic demise of Dr. Seyed Ebrahim Raisi, President of the Islamic Republic of Iran. His contribution to strengthening the India-Iran bilateral relationship will always be remembered. My heartfelt condolences to his family and the people of Iran. India stands with Iran in this time of sorrow,” Prime Minister Modi tweeted.