IDEAS home Printed from https://ideas.repec.org/p/ags/feemie/12112.html
   My bibliography  Save this paper

Assessing the Risk of Oil Spills in the Mediterranean: the Case of the Route from the Black Sea to Italy

Author

Listed:
  • Bigano, Andrea
  • Sheehan, Paul

Abstract

Recent major spills on European coasts have highlighted the primary policy relevance for the EU of oil spills. This paper assesses the risks related to carrying oil to the EU along the route from the Russian Black Sea coast to Sicily, Italy (one of the most congested and strategically relevant European import routes). We develop a methodology based on Fault Tree Analysis, and we apply it to the most likely causes of an oil spill. We couple the resulting probabilities with data on expected spill size, types of oil carried and cleanup costs, to estimate expected costs for cleanup and loss of cargo. The route analysed appears to be a risky one; there is a 'high' to 'very high' risk of a spill along this route. The Turkish Straits turn out to be the major danger point; however, there is no obvious hierarchy amongst the other sites along the route.

Suggested Citation

  • Bigano, Andrea & Sheehan, Paul, 2006. "Assessing the Risk of Oil Spills in the Mediterranean: the Case of the Route from the Black Sea to Italy," International Energy Markets Working Papers 12112, Fondazione Eni Enrico Mattei (FEEM).
    • Handle: RePEc:ags:feemie:12112
    DOI: 10.22004/ag.econ.12112
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/12112/files/wp060032.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.12112?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Iliopoulou, Christina & Kepaptsoglou, Konstantinos & Schinas, Orestis, 2018. "Energy supply security for the Aegean islands: A routing model with risk and environmental considerations," Energy Policy, Elsevier, vol. 113(C), pages 608-620.
    2. Martins, Marcelo Ramos & Maturana, Marcos Coelho, 2013. "Application of Bayesian Belief networks to the human reliability analysis of an oil tanker operation focusing on collision accidents," Reliability Engineering and System Safety, Elsevier, vol. 110(C), pages 89-109.
    3. Marcelo Ramos Martins & Marcos Coelho Maturana, 2010. "Human Error Contribution in Collision and Grounding of Oil Tankers," Risk Analysis, John Wiley & Sons, vol. 30(4), pages 674-698, April.
    4. Di Vaio, Assunta & Varriale, Luisa & Trujillo, Lourdes, 2019. "Management Control Systems in port waste management: Evidence from Italy," Utilities Policy, Elsevier, vol. 56(C), pages 127-135.
    5. Assunta Di Vaio & Luisa Varriale, 2018. "Management Innovation for Environmental Sustainability in Seaports: Managerial Accounting Instruments and Training for Competitive Green Ports beyond the Regulations," Sustainability, MDPI, vol. 10(3), pages 1-35, March.

    More about this item

    Keywords

    Environmental Economics and Policy;

    JEL classification:

    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:feemie:12112. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/feemmit.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.