December 08, 2015

Jack Smith in Globes magazine offers 52 reasons as to why the State of Israel needs the Gas Framework.

Jack Smith (partner), in an article published in Globes magazine, offered 52 reasons, corresponding to the 52 exploration licenses, with favorable terms, that Iran has announced it will issue, as to why the State of Israel needs the Gas Framework: “In light of Iranian policy, which is both practical and experienced in the energy field, there are grounds to expect, from at least a portion of the Gas Framework’s leading detractors, a bit of intellectual honesty,” said Adv. Smith, and added: “to be clear, if Iranian policy succeeds, and multi-national companies flock to Iran where they are promised favorable terms, these companies will not come to Israel due to constraints which the Iranians will impose on them.”


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