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ARPN Journal of Science and Technology >> Volume 7, Issue 1, January 2017

ARPN Journal of Science and Technology


Major Challenges in Ghana’s Oil and Gas Discovery: Is Ghana Ready?

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Author R. Amorin, E. Broni-Bediako
ISSN 2225-7217
On Pages 21-25
Volume No. 3
Issue No. 1
Issue Date February 01, 2013
Publishing Date February 01, 2013
Keywords Discovery, drilling, gas, oil, pollution



Abstract

The discovery of oil and gas in commercial quantities in Ghana has given the nation a hope that a great deal of the prevailing depressive economic hardships would be greatly mitigated. This can only materialise when the wealth from the natural resources such as oil and gas is well managed in promoting a well sustained economic development. Unfortunately, every natural resource discovery comes with its own challenges. This paper seeks to identify the major challenges of Ghana’s oil and gas discovery and the structures to deal with these challenges. It is concluded that the country has most of the regulations and institutions already in place and that it should ensure their functionalities.


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