Sentencing the firms at St Albans Crown Court, Judge Sir David Calvert-Smith said:
"Had the explosion happened during a working day, the loss of life may have been measured in tens or even hundreds."
The companies were fined a total of £5.35m and ordered to pay costs of £4.08m.
Total was fined £3.6m plus £2.6m in costs, Hertfordshire Oil Storage was fined £1.45m plus £1m costs, British Pipeline Agency will pay £300,000 plus £480,000 in costs, Motherwell Control Systems 2003 Ltd (now in administration) and TAV Engineering were both fined £1,000 and each ordered to pay £500 in costs.
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