Abstract

In today's process industry environment, it is becoming more and more important for companies to evaluate the risks associated with their plants. There are, however, many risk assessment methods that exist with varying degrees of complexity and cost. Choosing the right assessment method which will provide the information management needs to address the facility's risks is often the most difficult part in the whole assessment process. With this paper we are providing an overview of two assessment methods, namely HAZOP which is a qualitative method and FACILITY RISK REVIEW which uses different techniques of a qualitative and quantitative nature. These methods are similar to those currently being used in the risk assessment process at the facilities of the SASOL GROUP OF COMPANIES.

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