Court dismisses Paz - Africa-Israel, Amisragas petitions against gas pipeline cancellation

Tel Aviv District Court Judge Michal Rubinstein ruled that the tenders committee decision was reasonable and free of unrelated considerations.

The Tel Aviv District Court today dismissed petitions by the Paz Oil Company - Africa-Israel Investments (TASE:AFIL) consortium and Amisragas against the inter-ministerial tenders committee for natural gas to call off the international tender for the natural gas pipeline project infrastructure. The tender was published in April 2001.

Paz - Africa-Israel petitioned the court to declare its win in the tender and block the transfer of the infrastructure work for the pipeline to other concerns, including Israel Electric Corporation (IEC) and Tahal Consulting Engineers.

Amisragas petitioned the court to act in accordance with the cabinet decision of November 2002 to transfer the first stage of the pipeline's construction to IEC, and to publish a tender afterwards. Amisragas also petitioned the court to order that the negotiations between the state and Paz - Africa-Israel be stopped.

Judge Michal Rubinstein ruled that the tenders committee decision was reasonable and free of unrelated considerations.

Published by Globes [online] - www.globes.co.il - on January 22, 2004

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