White Paper

Performing A Storage Tank Risk Assessment

Source: Endress+Hauser, Inc.

By Dean Mallon, National Level Product Manager at Endress+Hauser

Risk Analysis

Are your petroleum storage tanks ready for updates to API 2350? Here’s how to find out and address any issues.

API 2350 gives tank owners and operators specific guidance on how to prevent tank overfills. The standard has been around for years, with the fourth edition published in 2012, and the fifth edition expected to be released in mid-2019.

Compliance with these new API practices can also improve normal operation and efficiency. Improved operations are the result of specific, clear and actionable procedures understandable and accessible to operations personnel. Efficiency may improve because implementing API 2350 often results in an expansion of usable tank space.