This study is conducted to evaluate the explosion of tolune storage tank in the petrochemical plant by Fault Tree Analysis. The conclusions are as follows; 1) Fault Tree diagram and the required computer program for evaluation of explosion accident is developed. 2) The probability of the top event, explosion accident, is $1.5;{ imes};10^{-8}$ per year, so there is almost no possibility of explosion during the life cycle of tank. However, the probability of Gate 6 and Gate 7 is 8.8 per month, therefore, attention should be paid to them for accident prevention. 3) The number of minimal cut sets is 67 sets which are not calculated the probability of each set, because of the lack of computer capacity. All the minimal cut sets should be examined case by case. However, it is necessary to be paid attention to COM1, 126, 131, and COM4 in minimal cut sets, because the number of appearance is so high. 4) The number path sets is 70 sets which are not calculated the probability of each set, because of the lack of computer capacity. It is very useful to prepare safety checklist by using this minimal path sets. Also, the events which appear many times, 123, COM5, 139, 127 and 128, are very high in reliability.