International Journal of Economy, Energy and Environment

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Environmental and Economic Impacts of Crude Oil and Natural Gas Production in Developing Countries

Received: 16 October 2016    Accepted: 12 November 2016    Published: 12 December 2016
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Abstract

As much as the production of crude oil and natural gas generate enormous costs on the environment, it also directly impacts on the economy of the producing state. The later, among other reasons, is the motive for investing huge capital in the industry. This paper addresses the motives for the production of crude oil and natural gas; identifying the components of these products that are toxic to the environment and public health. Apart from highlighting the economic benefits accruing to the producing countries and her citizens, the study universally looked through the processes and products involved in crude oil and natural gas production and pointed out the impacts of these processes and products on the environment and the health of the public. It is believed that a complete understanding of the interplay between these processes and products with the environment will aid producing companies as well as governments of producing nations make better decisions on the strategies to minimize the effects of production activities on the environment and the health of the public.

DOI 10.11648/j.ijeee.20160103.13
Published in International Journal of Economy, Energy and Environment (Volume 1, Issue 3, December 2016)
Page(s) 64-73
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Crude Oil, Natural Gas, Production, Environment, Economics, Developing Countries, Costs, Impacts

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Author Information
  • Department of Engineering Science, University of Greenwich, Kent, United Kingdom; Engineering and Standards Division, Department of Petroleum Resources, Lagos, Nigeria

  • Department of Engineering Science, University of Greenwich, Kent, United Kingdom

  • Peprime Limited, Portlethen, Aberdeen, United Kingdom

  • Department of Engineering Science, University of Greenwich, Kent, United Kingdom

Cite This Article
  • APA Style

    Stanley Ngene, Kiran Tota-Maharaj, Paul Eke, Colin Hills. (2016). Environmental and Economic Impacts of Crude Oil and Natural Gas Production in Developing Countries. International Journal of Economy, Energy and Environment, 1(3), 64-73. https://doi.org/10.11648/j.ijeee.20160103.13

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    ACS Style

    Stanley Ngene; Kiran Tota-Maharaj; Paul Eke; Colin Hills. Environmental and Economic Impacts of Crude Oil and Natural Gas Production in Developing Countries. Int. J. Econ. Energy Environ. 2016, 1(3), 64-73. doi: 10.11648/j.ijeee.20160103.13

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    AMA Style

    Stanley Ngene, Kiran Tota-Maharaj, Paul Eke, Colin Hills. Environmental and Economic Impacts of Crude Oil and Natural Gas Production in Developing Countries. Int J Econ Energy Environ. 2016;1(3):64-73. doi: 10.11648/j.ijeee.20160103.13

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  • @article{10.11648/j.ijeee.20160103.13,
      author = {Stanley Ngene and Kiran Tota-Maharaj and Paul Eke and Colin Hills},
      title = {Environmental and Economic Impacts of Crude Oil and Natural Gas Production in Developing Countries},
      journal = {International Journal of Economy, Energy and Environment},
      volume = {1},
      number = {3},
      pages = {64-73},
      doi = {10.11648/j.ijeee.20160103.13},
      url = {https://doi.org/10.11648/j.ijeee.20160103.13},
      eprint = {https://download.sciencepg.com/pdf/10.11648.j.ijeee.20160103.13},
      abstract = {As much as the production of crude oil and natural gas generate enormous costs on the environment, it also directly impacts on the economy of the producing state. The later, among other reasons, is the motive for investing huge capital in the industry. This paper addresses the motives for the production of crude oil and natural gas; identifying the components of these products that are toxic to the environment and public health. Apart from highlighting the economic benefits accruing to the producing countries and her citizens, the study universally looked through the processes and products involved in crude oil and natural gas production and pointed out the impacts of these processes and products on the environment and the health of the public. It is believed that a complete understanding of the interplay between these processes and products with the environment will aid producing companies as well as governments of producing nations make better decisions on the strategies to minimize the effects of production activities on the environment and the health of the public.},
     year = {2016}
    }
    

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    T1  - Environmental and Economic Impacts of Crude Oil and Natural Gas Production in Developing Countries
    AU  - Stanley Ngene
    AU  - Kiran Tota-Maharaj
    AU  - Paul Eke
    AU  - Colin Hills
    Y1  - 2016/12/12
    PY  - 2016
    N1  - https://doi.org/10.11648/j.ijeee.20160103.13
    DO  - 10.11648/j.ijeee.20160103.13
    T2  - International Journal of Economy, Energy and Environment
    JF  - International Journal of Economy, Energy and Environment
    JO  - International Journal of Economy, Energy and Environment
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    PB  - Science Publishing Group
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    AB  - As much as the production of crude oil and natural gas generate enormous costs on the environment, it also directly impacts on the economy of the producing state. The later, among other reasons, is the motive for investing huge capital in the industry. This paper addresses the motives for the production of crude oil and natural gas; identifying the components of these products that are toxic to the environment and public health. Apart from highlighting the economic benefits accruing to the producing countries and her citizens, the study universally looked through the processes and products involved in crude oil and natural gas production and pointed out the impacts of these processes and products on the environment and the health of the public. It is believed that a complete understanding of the interplay between these processes and products with the environment will aid producing companies as well as governments of producing nations make better decisions on the strategies to minimize the effects of production activities on the environment and the health of the public.
    VL  - 1
    IS  - 3
    ER  - 

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