Factors Affecting Damage Mitigation In Oil And Gas Transportation To Satisfying Performance Of Stakeholder

Oil and gas transportation shows different characteristics compared with other commodities. Moreover, the legal aspects of transporting this type of commodities are different and consistent with the commodities transported. As a result of the particular and hazardous nature of oil and gas, the legal aspects of oil and gas transportation are present, and it is necessary to pay particular attention to them to reduce the dangers and risks of this type of transportation and facilitate and accelerate trade. Moreover, the paper aims to confirm the statistical method of the confirmatory factor analysis Level 1 and Level 2 of investigating factors influencing the mitigation of oil and gas transportation damage. The operationalized projects in oil and gas are among the projects associated with various stakeholders. For this purpose, however, the paper considers 35 experts of stakeholders in oil and gas. The paper's confirmatory factor analysis showed that ten factors influence damage mitigation. Moreover, the validation results based on Cronbach's alpha were 0.7, which is an appropriate value. Furthermore, the findings showed that the critical factors include "Dispute management," "cost," "Insurance," "Environmental Circumstances," "Safety measures," "Packaging and labeling," Utilizing domestic fleet," "Compilation of legal agreements," "International and domestic conventions and regulations," and "Risk analysis." Ultimately, organizations' competence to adapt to stakeholders' expectations and mutual relationships significantly affects their results and performance.