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Mangalore Refinery Project (1988) (Safety Risks (Fire and explosions…
Mangalore Refinery Project (1988)
Systematic Risks
Dependency on crude oil prices
Help of the government was taken in order to reduce demand -supply gap of other petroleum products
Decision of direct marketing
By exporting products such as aviation turbine fuel & motor spirit
Oversubscription of Investors
Companies shares were compared with overall returns provided by stock market
Environmental risks
Impact on air
It is being monitored as per standards published by Ministry of Environment and Forests
Management of wastes
It recycles more than 70% of its treated effluents
Auditing quality of water
By setting up single point mooring with the addition of coastal booster pumping station within the port limits
Safety Risks
Fire and explosions scenarios
Thermal radiations are avoided by calculating working on flammable limits
Releasing of toxic gas
Workers can easily escape within 30 minutes with the support of respiratory protection equipment's
Potential occurrence of disaster
Maximum credible accident analysis are done on the basis of engineering experts
Other mechanical failures
Selection of wrong materials which cannot handle certain pressure and temperature
Managerial Risks
Unawareness of transport coordinator
To keep all drivers and vehicles in readiness most of the time
Communication errors
Must have complete knowledge of the production lines
Improper time management
Sometimes sequential processes may create lags in between