London hosts conference touting Israeli innovation
By JONNY PAUL, JERUSALEM POST CORRESPONDENT
Any assumption that the UK is a fertile ground for the boycott campaign against Israel was laid to rest on Tuesday as London hosted one of Europe’s largest hi-tech conferences aimed at enhancing the strong connection between the UK and Israel in innovation.
Held in central London, Innovate Israel 2012 was attended by over 500 business leaders, investors, decision makers and government representatives.
Attending the event, Israel’s Ambassador to the UK Daniel Taub said: “The most powerful response to the boycott, divestment and sanctions campaign – which seeks to drive a wedge between Britain and Israel – is to deepen that relationship. Innovate Israel, which is advancing the tremendous potential for hi-tech partnerships between British and Israeli companies, does exactly that.
When I think of Middle Eastern nations with massive oil and gas reserves, Israel isn’t a country that comes to mind… ever, really. After all, Israel still imports 99% of its oil and 70% of its natural gas. In fact, for the last 60 years, energy companies there have basically drilled one dry hole after the next.
But that’s all getting ready to change in the coming years thanks to new drilling capabilities.
And Israel is set to shake up the energy landscape in the Middle East like no one has ever seen before