EARTHQUAKE LOSS ESTIMATION FOR A GAS LIFELINE TRANSPORTATION SYSTEM IN COLOMBIA

Recent earthquakes have demonstrated the vulnerability and risks associated with gas transportation and distribution systems. Adequate methodologies for seismic risk estimation are required to establish insurance and risk management strategies, as well as emergency and contingency plans. Inadequate estimations of the seismic risk for this type of systems could lead to the overestimation of the possible losses caused by natural disasters resulting in high insurance coverage costs.