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Stock impact report

Phillips 66 Partners, Harvest Midstream, and PBF Logistics Announce Joint Development and Open Season for Crude Oil Pipeline in Louisiana

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 Check Earnings Report
US:NYSE Investor Relations: phillips66partners.com
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)-- Phillips 66 Partners (NYSE: PSXP), Harvest Midstream Company, and PBF Logistics LP (NYSE: PBFX) have entered into an agreement to jointly develop the ACE Pipeline System. The ACE Pipeline System will provide crude oil transportation service from the market hub in St. James, Louisiana, to downstream refining destinations in Belle Chasse, Meraux, and Chalmette, Louisiana. The pipeline system is expected to have an initial throughput capacity of 400,000 barrels per day, with the ability to expand further depending on shipper interest. The parties may elect to add a delivery destination in Clovelly, Louisiana, subject to market demand. Subject to customary and regulatory approvals, the pipeline system is expected to be placed in service in the second half of 2020. This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20190114005446/en/ The A Show less Read more
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