(a) Each corporation shall report all accidents in which liquid petroleum pipeline facilities may be involved and which may result in any of the following:

1. (1) explosion or fire;
2. (2) death or injury to any person;
3. (3) property damage;
4. (4) loss of 25 or more barrels of liquid;
5. (5) escape of vaporized liquid to the atmosphere; or
6. (6) could cause concern because of coverage by news media.

(c) A written report of each accident in which liquid petroleum pipeline facilities were involved shall be submitted to the office of gas and water of the department in Albany within 30 days. The report shall set forth a chronological sequence of events including a detailed description of the:

1. (1) accident;
2. (2) response, action, and investigations by the corporation; and
3. (3) results and findings of the investigations.