What Could be the Risk of Neglecting Pipeline Monitoring?
The future of the pipeline monitoring market is positive over the next few years and the CAGR is expected to rise up to a CAGR of 7.1% from 2019 to 2024 due to increase in pipeline leakages, natural disasters and strict monitoring regulations for safety and security. The oil and gas exploration and production of North America, Asia Pacific and Europe contributes to the demand of monitoring system’ growth.
On the other side of the positive aspects of the growing oil and gas industry there are a few incidents to look at as a contradictory example. One such explosion happened at Baitul Salat mosque in the central district of Narayanganj, Bangladesh taking 24 worshipers’ lives. The explosion is due to the leakage in an underground pipeline leading to six air conditioners to explode inside the mosque on September 4 night.
Mofizul Islam, deputy general manager of Titas Gas Transmission and Distribution, says: “We have found the leaks on the gas pipeline. This means there was negligence on the part of zonal officials.”
Examples like that show that pipeline operators’ neglect over even a minor damage can lead to major risks and the operators and officials must be aware of the need for reliable monitoring systems and regular updates of the pipeline’s health is certainly important.
