
THE DEAL IS NEVER DONE 191
ment. In that context, if renegotiations were ever to take place,
the parties would need to create a process that would preserve the
government’s dignity and prestige. Ultimately, the government
chose to appoint a ‘‘Review Panel’’ consisting of energy experts to
reexamine the project. The Panel met with Enron representatives,
as well as project critics, and then submitted a proposal to the
government, containing the terms of a renegotiated electricity sup-
ply agreement to which Enron had agreed. The use of a Review
Panel of experts to conduct what amounted to a renegotiation,
rather than face-to-face discussions between government ...