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TRADE & GEOPOLITICAL RISK

Pipeline safety and PHMSA compliance

Trade and geopolitical risk functions with pipeline exposure are navigating a tightening compliance environment, as the Pipeline and Hazardous Materials Safety Administration has accelerated enforcement under 49 CFR Part 195 while the Federal Energy Regulatory Commission increasingly scrutinizes cross-border pipeline certificates tied to trade-sensitive corridors. The intersection matters: sanctions shifts, export control realignments, and supply chain disruptions all create secondary PHMSA compliance obligations that general counsel and risk officers are now being asked to own, not just operations teams.

Watch

  • PHMSA's 2023 gas pipeline safety final rule: Phase 2 implementation deadlines still rolling
  • FERC certificate conditions on LNG export terminals with geopolitically sensitive offtake agreements
  • Renewed DOT enforcement posture on operator qualification under 49 CFR Part 192
  • State-level pipeline bans affecting cross-border trade route viability in Midwest corridors

Recent material activity in Trade & Geopolitical Risk

Active monitoring in place across Trade & Geopolitical Risk. Material developments related to pipeline safety and phmsa compliance will appear here as they are published.