The Finance Minister in his supplementary budget submission to parliament made the claim that the government is going to renegotiate all take-or-pay power agreements to take-and-pay will scare away prospective investors not only in the power sector but even more in the development of any future gas Exploration and Production (E&P) field. This claim, if true, is not only ill-advised but also dangerous and a hinderance to potential investors in the energy sector of our economy.