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Terminal News

Phillips 66 announces additional crude storage

Phillips 66 announces additional crude storage
Phillips 66 plans to construct an extra 2.2 million barrels of crude storage at its Beaumont Terminal on the US Gulf Coast.

So far, 1.2 million barrels of product storage has been placed into service at the facility during the second quarter of 2017. Expansion of the terminal's export facilities, which would take it from a current capacity of 400,000 barrels per day to 600,000 barrels per day, is due to be completed in the first quarter of 2017.

Additionally, the company is progressing with its Bayou Bridge Pipeline segment from Lake Charles to St. James, Louisiana, with commercial operations expected to start in the first quarter of 2018.

DCP Midstream is expanding the Sand Hills NGL Pipeline capacity to 365,000 barrels per day, with a expected completion date in the fourth quarter of 2017.



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