Phillips 66 to expand Texas natural gas project [Reuters]
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Source: Reuters
Phillips 66 to expand Texas natural gas project | Reuters Reuters Staff 1 Min Read June 13 (Reuters) - U.S. oil refiner Phillips 66 said on Wednesday it plans to expand its natural gas project in Sweeny, Texas. The expansion includes the construction of two natural gas fractionators, with a capacity of 150,000 barrel per day (bpd) each, the company said. The project expansion, expected to cost up to $1.5 billion and begin commercial operations in late 2020, will increase Sweeny’s natural gas refining capacity to 400,000 bpd. (Reporting by Parikshit Mishra in Bengaluru; Editing by Shounak Dasgupta) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All Rights Reserved.
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