Client: Confidential client
Location: Russia
Project: Assessment of the maximum foreseeable loss as a result of environmental risk realization at storage and transportation facilities of liquid hydrocarbons for the purposes of environmental insurance
Purpose: estimate in monetary terms the maximum possible damage (MFL) to environmental components as a result of environmental risk realization (tank destruction and pipeline rupture)
Approach:
ENSOR specialists performed the following tasks:
ENSOR specialists performed the following tasks:
- An analysis of two scenarios for the environmental risk realization with the worst consequences was carried out - quasi-instantaneous destruction of a reservoir and a rupture of a pipeline at a water crossing
- The volumes of leaks for each scenario were estimated and the distribution of emergency leaks was calculated
- For each scenario, the amount of damage to environmental components was assessed using applicable methodologies.
Result:
Based on the results of the assessment, for the two worst-case scenarios for the environmental risk realization, a calculation of the maximum foreseeable loss to environmental components was provided. This calculation was subsequently used by the Client to agree on the terms of environmental insurance].
Based on the results of the assessment, for the two worst-case scenarios for the environmental risk realization, a calculation of the maximum foreseeable loss to environmental components was provided. This calculation was subsequently used by the Client to agree on the terms of environmental insurance].