Iran Economy NewsIran stops oil activities in Libya -Mehr agency

Iran stops oil activities in Libya -Mehr agency

-

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.

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.

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.

(Editing by Anthony Barker)

Latest news

Iran’s Youths Broke the Spell of Fear

One of the main characteristics of the recent protests in Iran is the courage and fearlessness of the people,...

Iran Is on the Brink of a Revolution

The wall of fear has been broken. In many cities across Iran, women are taking to the streets, leading...

Iran’s Regime Claims To Fill Global Energy Gap Despite Crippled Petroleum Sector

In recent weeks, the Iranian regime’s officials have been constantly exaggerating their huge capacity in oil and gas reserves...

What Is Happening in Iran?

Following the brutal killing of Masha Amini, the Iranian people have once again united to fight and defeat the...

Iran Regime’s Ministry of Culture’s Decision To Eliminate Children’s Intellectual Centers

With the so-called ‘Cultural Revolution’ which took place between 1980 and 1983, the Iranian regime tried to purge the...

Water Shortage Crisis and the Destruction of Iran’s Water Resources

Iran is currently suffering from a number of dangerous natural disasters. One of the most worrying is the drying...

Must read

Iran’s Poverty “Monitoring System” Has Become Worthless

Ali Rabii, the Minister of Cooperatives, Labour, and Social...

Consideration of new Iran sanctions has begun – EU

Reuters: Six major powers are now considering possible further...

You might also likeRELATED
Recommended to you