Best Practices and Methodological Guidelines for Conducting Gas Risk Assessments

Abstract

The EC Regulation concerning measures to safeguard security of gas supply (EC/994/2010) requires member states to make a full assessment of the risks affecting the security of gas supply. According to Article 9, this risk assessment must:\n\n(a) use the infrastructure and supply standards (articles 6 and 8); \n(b) take into account all relevant national and regional circumstances; \n(c) run various disruption scenarios; \n(d) identify the interaction and correlation of risks with other Member States.\n(e) take into account the maximal interconnection capacity of each border entry and exit point.\n\nThe objective of this report is to provide guidance and advice for performing risk assessments. It will do so by first providing a literature review, and then by proposing a basic structure for undertaking a gas security risk assessment, in accordance with best practices and standard procedures found in risk management.