February 22, 2011 / 1:49 PM / 8 years ago

UPDATE 1-Iran stops oil activities in Libya -Mehr agency

(Adds number of staff, background)

TEHRAN, Feb 22 (Reuters) - Iran has stopped its oil related activities in Libya and will evacuate staff in the next 48 hours, the semi-official Mehr news agency reported on Tuesday.

“Considering the mounting political pressure in Libya, all the oil activities of the National Iranian Drilling Company have been stopped,” Mehr reported.

The move follows the suspension of activities by many foreign energy companies due to major political upheaval in the North African state. [ID:nL3E7DM0K1]

Fifteen Iranian members of staff will be evacuated, Mehr said. The Mehr report said the Iranian company was involved in technical aspects of oil drilling.

Iran is the world’s fifth-largest oil exporter.

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For a Factbox on how oil companies in Libya have reacted to the crisis, double click on [ID:nLDE71K0RV]

For a graphic on the Libyan oil and gas industry see

r.reuters.com/qun28r

For an interactive graphic on the Middle Eastern unrest

r.reuters.com/nym77r

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Editing by Anthony Barker)

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