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Why is a quantitative risk assessment (QRA) essential for evaluating the safety of a proposed modification to a natural gas processing facility?



A quantitative risk assessment (QRA) is essential for evaluating the safety of a proposed modification to a natural gas processing facility because it provides a numerical estimate of the potential risks associated with the modification, allowing for a more informed decision-making process. A QRA is a systematic process for identifying, analyzing, and evaluating risks. It involves quantifying the likelihood and consequences of potential hazardous events to de....

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