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Technical Due Diligence and Environmental Studies for a Storage Terminal

The Client sought out BMT specialists to identify the risks, uncertainties and the potential cost/liability exposure of a bulk chemical storage terminal in the Philippines - as well as the costs of the associated mitigations.

The Requirement

BMT carried out a fit-for-purpose technical due diligence of an existing bulk chemical storage terminal in Batangas, Philippines. The customer sought out BMT specialists to identify the risks, uncertainties and the potential cost/liability exposure of the terminal and the cost of the associated mitigations.

Our Approach

A project risk management system was developed by BMT to provide a framework for technical due diligence activities including the assessments of the design, construction and operation of the facilities.

These include:

Outcome and Benefits

A project risk register was produced at the end of the assessment to prioritise risk management actions.

Appropriate risk control measures and associated cost estimates were identified to eliminate or reduce all intolerable risks to a level that is acceptable. Through the implementation of a systematic project risk management process, a number of consequential benefits were realised. These include:

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