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Open season for Phillips 66’ crude oil pipeline systems

Published by
World Pipelines,


Phillips 66 and Bridger Pipeline LLC have announced a joint open season for the proposed Liberty Pipeline, which will provide shippers the opportunity to secure crude oil transportation service from the Rockies and Bakken production areas to Corpus Christi, Texas. The Liberty Pipeline is expected to have an initial throughput capacity of 350 000 bpd with the ability to expand further depending on shipper interest in the open season. The pipeline is anticipated to be placed in service in 4Q20.

Phillips 66 also announced an open season for the proposed Red Oak Pipeline, which will provide shippers the opportunity to secure crude oil transportation service from Cushing, Oklahoma, to Corpus Christi, Houston and Beaumont, Texas. The Red Oak Pipeline is expected to have an initial throughput capacity of 400 000 bpd with the ability to expand further depending on shipper interest in the open season. The pipeline is anticipated to be placed in service in 4Q20.

Both the Liberty Pipeline and the Red Oak Pipeline open seasons will commence at 12 pm CST on 12 November 2018. Prior to participating in the open seasons, interested parties must execute a confidentiality agreement to govern the receipt of the open season documentation.

Read the article online at: https://www.worldpipelines.com/business-news/12112018/open-season-for-phillips-66-crude-oil-pipeline-systems/

 

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US pipeline news Crude oil pipeline news