Facilitating Hazard Analysis of LNG Carrier Operations via Risk Matrix Approach

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Author(s) Thaddeus C. Nwaoha | Jasper Agbakwuru | Modestus O. Okwu
Pages 156-162
Volume 5
Issue 4
Date April, 2016
Keywords LNG Carrier, Risk Matrix, Risk, Hazard
Abstract

System failures and catastrophic accidents are being experienced in various industries in recent time. Experiencing such accident in gas industry will result to loss of lives, loss of billions of dollar investments and damage to the environment. To subdue occurrence of such accidents in the LNG industry, this study aims at demonstrating how risk matrix approach and experts’ judgement can be incorporated in hazard analysis of the LNG carrier operations. The study revealed that the mechanism of the risk matrix technique can be used to reveal the risk levels of various hazards of the LNG carrier operations.

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