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Risk Analysis Methods for Pipelines in Niger DeltaKeywords: legislation , regulation , pipeline system , financial loss , financial efficiencies Abstract: This paper focuses on all possible risks, which may occur when carrying out a pipeline operation on an existing pipeline within the Niger Delta region of Nigeria. Risk analysis methods for pipeline in Nigeria Niger Delta region were evaluated using A Failure Modes Effects and Criticality Analysis (FMECA) method. A Failure Modes Effects and Criticality Analysis (FMECA) of the complete pipeline process were carried out which identified most of the project’s possible failure modes. Two specific methods of risk assessment – Risk matrix graph and Risk Priority Numbers (RPN) were then employed to verify the analysis and define the risk involved in each activity. The FMECA assessment process identified many intolerable risks. However, by identifying control measures that can be incorporated into the activity’s procedure, the levels of risk were reduced to a satisfactory level. The application of this mitigation strategy resulted in only eight activities remaining at the medium risk level. Not one of these residual medium level risks would stop a typical pipeline project from proceeding.
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