Scenario 1
Green Connection's
Getting started!
2002 - 2004
Set-up
Congratulations on your appointment to the newly formed SOE, PetroSA. A politically linked company called Imvume Management has a deal via Glencore, a well known mining company, for buying Iraqi oil. Just two issues: Iraqi fuel can only be purchased through the UN’s Oil for Food programme, and Imvume needs cash up front to do the job.
The dilemma
You really want this cheap oil for the strategic reserve. Do you…
