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Risk requirements and assessment techniques for Underground Storage Assets

In "Ask SME a Question - Session 4", we explore the new regulations and delve into the various approaches different operators are adopting to ensure compliance.

PHMSA's New Risk Requirements for Underground Gas Storage: 49 CFR 192.12

When: October 23 2024, 11:30 - 12:00 am EDT (17:30 - 18:00 CET)

The implementation of new risk requirements for Underground Gas Storage (UGS) under 49 CFR 192.12 marks a significant shift in regulatory compliance for gas storage operators. These changes, which went into effect this year, demand immediate attention and action to ensure continued safe operations and regulatory adherence.

What are the risk requirements and assessment techniques for UGS assets? Are you seeking insights or answers to questions such as:

  • How are other operators adapting their risk management strategies?
  • What are the best practices for implementing these new requirements?
  • How can you ensure your risk assessment techniques are both compliant and effective?

PHMSA's New Risk Requirements for Underground Gas Storage: 49 CFR 192.12

When: October 23 2024, 11:30 - 12:00 am EDT (17:30 - 18:00 CET)

The implementation of new risk requirements for Underground Gas Storage (UGS) under 49 CFR 192.12 marks a significant shift in regulatory compliance for gas storage operators. These changes, which went into effect this year, demand immediate attention and action to ensure continued safe operations and regulatory adherence.

What are the risk requirements and assessment techniques for UGS assets? Are you seeking insights or answers to questions such as:

  • How are other operators adapting their risk management strategies?
  • What are the best practices for implementing these new requirements?
  • How can you ensure your risk assessment techniques are both compliant and effective?

Meet our Underground Storage Risk Expert

 

Alex Woll, Head of Section - Risk Management, DNV

With years of hands-on experience as a risk and integrity engineer for major gas and liquid operators, Alex brings a wealth of practical knowledge to DNV’s Pipeline Risk Team. He has substantial experience implementing different risk model types and crafting different IMP approaches that seamlessly integrate risk and PMMs into broader integrity programs. Alex’s current focus is on driving risk modelling innovation to improve integrity decision-making – exactly where you need to be in this new regulatory environment.

 

Don't miss the opportunity to understand the new UGS risk requirements, benchmark your approach against industry peers, and ensure your underground storage assets are compliant and secure.

Register today!

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SESSION 5: Risk Connectivity: Modelling upstream and downstream interactions