Phillips 66, Energy Transfer and Sunoco Logistics Commence Binding Expansion Open Season for Bayou Bridge Pipeline

abarrelfullabarrelfull wrote on 07 Oct 2015 09:20
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Bayou Bridge Pipeline, LLC (Bayou Bridge) announces the launch of a binding expansion open season to assess additional interest in transportation service from Nederland, Texas, to refining markets in Louisiana on the Bayou Bridge Pipeline (BBP). Bayou Bridge is jointly owned by subsidiaries of Phillips 66 (NYSE:PSX), Energy Transfer Partners, L.P. (NYSE:ETP) and Sunoco Logistics Partners L.P. (NYSE:SXL).

Construction is already underway on the BBP 30-inch pipeline segment from Nederland, Texas, to Lake Charles, Louisiana. Bayou Bridge expects commercial operations for this segment to begin in the first quarter of 2016.

The results of the expansion open season will be used by Bayou Bridge to determine the diameter of the BBP pipeline segment from Lake Charles to St. James, Louisiana. At St. James, BBP has agreed to a connection with NuStar Energy L.P.’s crude oil terminal and is in discussions with additional parties to connect to the extensive existing crude oil terminalling infrastructure in the region, including the Plains Marketing, L.P.’s crude oil terminal. The in-service date for commercial deliveries by Bayou Bridge to St. James, Louisiana, is forecast for the second half of 2017.


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