THE SOCIO-ECONOMIC IMPACTS OF DIVERSIFYING OIL AND GAS UTILIZATION IN TANZANIA

Abstract

Socioeconomic Impact Assessment is the process of evaluating, assessing, monitoring and managing expected or unexpected social and economic consequences of a proposed project in a surrounding habitat. Assessment requires both qualitative and quantitative measurements of the expected and unexpected impacts and it can either be positive or negative impacts. Crude Oil is a mixture of hydrocarbon solids and gases dissolved in liquid with a mixture of derivatives of oxygen, sulfur, nitrogen and other metals including cobalt, calcium, sodium, and copper. This paper intends to addresses the origin, processes of production and products involved in crude oil and natural gas. Pointing out the impacts of these processes and products on the environment and the health of the public.