Application of the Risk Theory to Management Reliability of the Pipeline

The leak less distant transportation of large amounts of hazardous matters (for example natural gas) through a pressurized pipelines is a serious challenge. The pipeline should be able to withstand the full range of ambient conditions as well as the Earth’s crust movements, varying soil chemical state at present and after months or years of exploitation. During the previous years the formal risk assessments were carried out on the base of the failure intensity. Since that time the procedure of the risk assessment has become more sophisticated. At present risk management is being more and more mandated by regulations.