This paper presents an integrated risk assessment framework for Liquefied Natural Gas (LNG) terminals. The basic steps for risk assessment are the following: a) hazard identification, b) accident sequence modeling, where logic models such as Event Trees and Fault Trees are developed c) data acquisition and parameter estimation, used to estimate frequencies of the initiating events, component unavailability and probabilities of human actions, d) accident sequence quantification, where all accident sequences are assessed, e) consequence assessment, where release, evaporation rate, radiation levels and overpressure owing to immediate or delayed ignition of LNG is performed and f) integration of results where risk indices are assessed. Risk assessment of an onshore and an offshore LNG terminal is performed, according to the basic methodological steps, and the distances where individual risk levels equal to 10(-5)-10(-7)/yr are assessed and presented in the form of individual contours. A section dedicated to I.A. Papazoglou, pioneer in Quantitative Risk Assessment both in the nuclear and chemical industry is also provided. (C) 2013 Elsevier Ltd. All rights reserved.