Mitigating the consequences of extreme events on strategic facilities: Evaluation of volcanic and seismic risk affecting the Caspian oil and gas pipelines in the Republic of Georgia

The result of our analysis is that the Baku-Tbilisi-Ceyhan (BTC) oil pipeline, as well as the Baku-Tbilisi-Erzerum South Caucasian natural gas pipeline (SCP) were designed in such a way that they significantly reduce the risk posed by the newly-identified geohazards in the vicinity of the Abuli-Samsari Ridge. No new measures are recommended for the pipeline itself as a result of this study. However, since the consequences of long-term shut-down would be very damaging to the economies of Western Europe, we conclude that the regionally significant BTC and SCP warrant greater protections, described in the final section of or work. The overall objective of our effort is to present the results in a matrix framework that allows the technical information to be used further in the decision-making process, with the goal of reducing the uncertainty in the final decision. This approach is applicable to the study of risks in other pipeline systems.