Phillips 66 Partners

On June 10, 2019, Phillips 66 announced two separate 50/50 joint ventures to proceed with construction of two new pipelines, the Liberty Pipeline (with Bridger Pipeline LLC) and the Red Oak Pipeline (with Plains All American Pipeline). "The [Liberty] Pipeline adds to our integrated infrastructure network that serves the key shale oil producing regions with connectivity to major Gulf Coast market centers," said Greg Garland, chairman and chief executive officer of Phillips 66.

Phillips 66 Partners and Kinder Morgan Inc. announced the start of a joint open season by Gray Oak Pipeline LLC (Gray Oak) and Kinder Morgan Crude & Condensate LLC (KMCC) to provide shippers with long-term crude oil transportation from Gray Oak Pipeline origin points in the Permian Basin to KMCC delivery points at or near the Houston Ship Channel under a binding joint transportation services agreement.

S & B Engineers and Constructors Ltd. (S & B) announced that it was selected by Phillips 66 to perform engineering, procurement and construction for two NGL fractionation plants at the client's Sweeny Hub in Old Ocean, Texas. The plants will have a combined capacity of 300,000 barrels per day (BPD) and will be based on S & B's proven fractionation plant design.

Phillips 66 Partners announced that it has received sufficient binding commitments on an initial open season to proceed with construction of the Gray Oak Pipeline system. The Gray Oak Pipeline will provide crude oil transportation from West Texas to destinations in the Corpus Christi and Sweeny/Freeport markets.