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Title: Levels of financial responsibility for liquefied-natural-gas and liquefied-petroleum-gas facilities

Abstract

Pursuant to Section 7(a) of the Pipeline Safety Act of 1979, a study was conducted of the risks associated with liquefied natural gas (LNG) and liquefied petroleum gas (LPG) facilities, and of methods of assuring adequate levels of financial responsibility for those who own and/or operate facilities. The main purpose of the study is to provide a basis for determining general levels of financial responsibility for LNG and LPG facilities, as measured by the risk they represent to the public. It must be emphasized that the quantification of risk is a complicated subject. As used in this study, risk is defined as the occurrence of a maximum credible accident and the consequences that would result from such an accident. Part I of the study describes in detail the methodology used in the report to estimate the magnitude of the financial responsibility requirements associated with nine major facility types - e.g., tankships, pipelines, barges, rail tank car, tank truck, etc. - used to store and transport LNG and LPG under 48 separate operational and storage containment modes. Parts II and III of the study, in addition to providing estimates of the risks and corresponding levels of financial responsibility, contain information onmore » the historical safety record and structure of the LNG facilities and LPG facilities.« less

Publication Date:
Research Org.:
Department of Transportation, Washington, DC (USA). Research and Special Programs Administration
OSTI Identifier:
5920147
Report Number(s):
NP-2901032
ON: DE82901032
Resource Type:
Technical Report
Country of Publication:
United States
Language:
English
Subject:
02 PETROLEUM; 03 NATURAL GAS; LIQUEFIED NATURAL GAS; STORAGE FACILITIES; TRANSPORT; LIQUEFIED PETROLEUM GASES; LEGAL ASPECTS; ACCIDENTS; BARGES; LIABILITIES; PIPELINES; RAIL TRANSPORT; RISK ASSESSMENT; TANKER SHIPS; ENERGY SOURCES; FLUIDS; FOSSIL FUELS; FUEL GAS; FUELS; GAS FUELS; GASES; LAND TRANSPORT; LIQUIDS; NATURAL GAS; NATURAL GAS LIQUIDS; PETROLEUM PRODUCTS; SHIPS; 020600* - Petroleum- Health & Safety; 022000 - Petroleum- Transport, Handling, & Storage; 032000 - Natural Gas- Transport, Handling, & Storage; 030500 - Natural Gas- Health & Safety

Citation Formats

. Levels of financial responsibility for liquefied-natural-gas and liquefied-petroleum-gas facilities. United States: N. p., 1981. Web.
. Levels of financial responsibility for liquefied-natural-gas and liquefied-petroleum-gas facilities. United States.
. 1981. "Levels of financial responsibility for liquefied-natural-gas and liquefied-petroleum-gas facilities". United States.
@article{osti_5920147,
title = {Levels of financial responsibility for liquefied-natural-gas and liquefied-petroleum-gas facilities},
author = {},
abstractNote = {Pursuant to Section 7(a) of the Pipeline Safety Act of 1979, a study was conducted of the risks associated with liquefied natural gas (LNG) and liquefied petroleum gas (LPG) facilities, and of methods of assuring adequate levels of financial responsibility for those who own and/or operate facilities. The main purpose of the study is to provide a basis for determining general levels of financial responsibility for LNG and LPG facilities, as measured by the risk they represent to the public. It must be emphasized that the quantification of risk is a complicated subject. As used in this study, risk is defined as the occurrence of a maximum credible accident and the consequences that would result from such an accident. Part I of the study describes in detail the methodology used in the report to estimate the magnitude of the financial responsibility requirements associated with nine major facility types - e.g., tankships, pipelines, barges, rail tank car, tank truck, etc. - used to store and transport LNG and LPG under 48 separate operational and storage containment modes. Parts II and III of the study, in addition to providing estimates of the risks and corresponding levels of financial responsibility, contain information on the historical safety record and structure of the LNG facilities and LPG facilities.},
doi = {},
url = {https://www.osti.gov/biblio/5920147}, journal = {},
number = ,
volume = ,
place = {United States},
year = {Sat May 30 00:00:00 EDT 1981},
month = {Sat May 30 00:00:00 EDT 1981}
}

Technical Report:
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