Phillips 66 has received final approval for construction of a new 25,000 barrels per day (BPD) isomerization unit at the Phillips 66 Lake Charles Refinery to increase production of higher octane gasoline blend components. The $200m project will include a long-term agreement with Phillips 66 for processing services, including a minimum volume commitment, and is expected to be completed by the end of 2019.

The Sand Hills Pipeline joint venture has exceeded 300,000 BPD of throughput in the fourth quarter of 2017 and is expected to reach 365,000 BPD of capacity in Q1 of 2018.  Further expansion of the line to 450,000 BPD is expected to be completed in the second half of 2018. Sand Hills transports NGLs from the Permian Basin to the Texas Gulf Coast. Phillips 66 Partnersowns a one-third interest in this joint venture.

The STACK joint venture expansion project to loop the existing pipeline and to extend further into the STACK play was completed in the fourth quarter. The loop increased capacity by 150,000 BPD. The Partnership owns a 50% interest in the joint venture.

Permitting is complete and construction has begun on the Bayou Bridge Pipeline extension from Lake Charles, Louisiana, to St. James, Louisiana. The pipeline is currently operating from Nederland, Texas, to Lake Charles, and commercial operations on the extension are expected to begin in the second half of 2018. The Partnership owns a 40% interest in the joint venture.

The Sacagawea Pipeline joint venture is constructing a 24-mile raw natural gas pipeline system linking production inMountrail County, North Dakota, to gathering and processing capacity in McKenzie County, North Dakota. The project is anticipated to be completed in the second half of 2018. Phillips 66 Partners owns a 49.5% interest in the joint venture.

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5th Feb 2018

5th February 2018