Risk-based decision making keys LNG terminal siting

Transportation and handling of LNG is not a zero-risk activity because of both potential accidents and intentional events, but new risk-based analysis approaches make risks that cannot be eliminated manageable.The challenge for industry, local communities, and regulators is to apply appropriate risk-based evaluations to help define where LNG facilities are appropriate and specific design, operational, security, and emergency response measures to reduce potential risks to the public.The Sept. 11, 2001, terror attacks forced developers to address security risks, both in terms of what regulators believe should be done and what it takes to address valid, local community concerns.This article ...

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