The practices of the construction and management of the petroleum and hazardous chemical compound storage facilities in Korea were investigated extensively, and the problems were identified. The advanced technologies in the U.S.A were comparatively studied. Considering the effectiveness of leak prevention and applicability, the following measures were suggested. To prevent corrosion of a tank, a clad tank, an interior lining tank, or a double-wall tank were thought to be the most cost effective. For piping. use of non-metalic materials was suggested. A catchment basin seemed to be effective for preventing spills. For monitoring of leaks, constructions of more than one of detection systems, such as an automatic leak detection device. a vapor detection system, a groundwater monitoring system, or a double-wall monitoring system, were recommended.