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Assessing the perceived impact of exploration and production of hydrocarbons on households perspective of environmental regulation in Ghana
Authors:Alemzero  David Ajene  Iqbal   Nadeem  Iqbal   Sajid  Mohsin   Muhammad  Chukwuma   Ngonadi Josiah  Shah   Burhan Ali
Affiliation:1.School of Economics and Finance, Jiangsu University, Zhejiang, 212013, People’s Republic of China
;2.Department of Business Administration, Ghazi University D. G. Khan, Dera Ghazi Khan, Pakistan
;3.School of Business and Management, Superior University, Lahore, Pakistan
;4.School of Management Sciences, Quid E Azam University, Islamabad, Pakistan
;
Abstract:

This paper seeks to critically study the perceived impacts of the exploration of hydrocarbons in selected coastal communities in the Western region, the oil and gas industry benefits to local communities, and to determine whether hydrocarbon development is a means for sustainable development. The study uses both quantitative and qualitative approaches using a questionnaire survey, key informant interview, and focus group discussion tools to understand the impact of oil and gas exploration and production in selected affected communities along the coast of Ghana. The activities of oil production and exploration impact negatively on communities; it also leads to a sharp increase in food prices thereby increasing their costs of living. The activity has also caused a decline in fish catch levels which happens to be the main economic activity as a result of exclusion zones created by oil companies which limited the extent fishermen can go fishing. In terms of infrastructure, the three communities are lacking, 77% of respondents from Princess Town hold the view that there is no motorable road linking their community in the next town and 60% from Aketakyi also hold the same view. Infrastructure such as roads, schools, water provision, and clinics are woefully provided in these communities.

Keywords:
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