Gaurav Kumar Singh Rajput presents a methodology for assessing risks associated with liquid hydrocarbon storage tanks. The presentation outlines various tank fire accident scenarios and their potential causes, including operational errors, equipment failures, weather events, and maintenance issues. Case studies of past tank accidents in Jaipur and Kansas are examined to identify lessons learned. The methodology involves identifying potential process and non-process hazards, constructing a risk assessment flow diagram, and calculating risk through qualitative and quantitative analysis. Key aspects of the methodology include preventive maintenance, safety systems, qualitative and quantitative risk assessment, and layer of protection analysis.