Phillips 66 Partners Announces Expansion Open Season for West Texas Service with the Gray Oak Pipeline
Phillips 66 Partners LP Common Units representing limited partner interest in the Partnership (PSXP)
Last phillips 66 partners lp common units representing limited partner interest in the partnership earnings: 5/1 07:20 am
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phillips66partners.com
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Source: Business Wire
HOUSTON--(BUSINESS WIRE)-- Phillips 66 Partners (NYSE: PSXP) announces that Gray Oak Pipeline, LLC (“Gray Oak”) is launching a binding expansion open season to solicit shipper commitments for services from West Texas. The expansion open season will provide an opportunity for interested shippers to secure long-term crude oil transportation with the Gray Oak Pipeline under binding transportation services agreements. The expansion includes new takeaway capacity from Gray Oak Pipeline origination stations in West Texas to destinations in the Corpus Christi and Freeport markets. The final scope and capacity will depend on the outcome of the expansion open season. The pipeline expansion is expected to be placed in service in the fourth quarter of 2020. The expansion open season will commence at 12 p.m. CST on Nov. 12, 2018. Prior to participating in the open season, interested parties must execute a co
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