The need for blanketing storage tanks having flammable fluids cannot be overemphasized. Basically combustion occurs with the combination of the following;
1. Flamamable gas source
2. oxygen-(sufficient concentration)
3. and source of heat.
The exclusion of any one of the three conditions prevents the occurence of a fire.
Blanketing simply reduces the oxygen/flammble gas ratio, the use of an inert gas is common but a combustible gas source such as fuel gas can be used provided a closed system is adequately maintained and oxygen analyszers are installed inline.
from experience, "blanketing" is often being ignored unfortunately the resultant losses can be catastrophic.
I recently concluded the design of blanket gas system for all the existing storage tanks in a particular tank farm( simultaneous blanketing and vapour recovery from in/outbreathing storage tanks).
The project came into being, due to a "freak" fire accident resulting in the loss of a 400,000bbl crude oil storage tank from lightning.
There is no such thing as a "freak" accident the rules are plain to read, ignoring recommended practices might only work for the time being.
P.S
The Tank farm has being in operation for over 20 years before the accident.