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Sustainable Livelihoods

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This chapter reviews relevant literature in relation to the topic. It also gives an overview of the theoretical issues related to oil and gas activities. It also outlines the theoretical issues relating to the risks, problems and potential impacts which oil and gas activities can have on environment, socio-economic conditions and culture of a country if no mitigation measures are in place.
2.1 THEORITICAL FRAMEWORK
The framework for the study is Sustainable Livelihood Approach and the Triple Bottom line Approach, based on the sustainable development concept.
2.2 Sustainable Livelihood Approach
Under sustainable livelihoods, the Sustainable Livelihoods Framework is adopted as an analytical tool to show the impact of gas processing plant on local livelihoods. Thus, the relationship between assets available to local people and how this impacts on their livelihoods is …show more content…

oil and natural gas companies also pay considerably more in taxes than other manufacturing industries. In 2011, industry income tax expenses, as a share of pre-tax net income, averaged 40.6 percent, compared to 25.1 percent for other S&P industrial companies. This implies more revenue for the US Government.
According to Daniel Poneman (US Deputy Secretary of Energy) July 2012“The natural gas boom in the United States offers a tremendous opportunity to strengthen American energy security by drastically reducing our dependence on imported oil, while at the same time creating new U.S. jobs and industries.” This emphasis the good fortunes the oil industry provides to nations with the resource.
The development of the oil and gas Industry in Norway has equally increased Norwegian GDP per capita from 90% to 150% of the OECD average in the last three decades .( ) Unemployment has been low accounting for the low crime rate in the country. The Norwegian government has considerably increased its net financial assets erasing a net debt of about 60% of GDP in the 1970’s. This is a contrast to

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