February 15, 2017 | Mark Paradies

Tip for Safety and Environmental Regulators – If a Refinery is being sold, INSPECT!


Saw an interesting article in Hydrocarbon Processing titled:

Rosneft faces $100-MM bill to boost safety at Bashneft refineries

That reminded me of the Amoco refineries that were sold to BP and had a horrible safety record.

Regulators should have a red flag for any assets covered under a PSM program. If they are being sold, INSPECT!

Perhaps this could stop management from excessive cost-cutting pre-sale to boost the bottom line at the expense of safety and the environment.

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