BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
COOKIE NOTICE

Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

IF you are a Platts Market Center subscriber, to reset your password go to the�Platts Market Center to reset your password.

In this list
Oil

Phillips 66 plans NGL fractionation expansion at Sweeny, Texas

Crude Oil

Record US production and the 'Mendoza line' for global oil prices

Oil

Platts Rigs and Drilling Analytical Report (RADAR)

Agriculture | Natural Gas | LNG | NGL | Oil | Crude Oil | Refined Products | Petrochemicals | Shipping

Houston Energy Forum at the S&P Global Platts Energy Symposium

Oil

North Dakota oil output averages record 1.36 million b/d in September

Phillips 66 plans NGL fractionation expansion at Sweeny, Texas

Houston — Phillips 66 will build two new NGL fractionators and add storagecapacity and pipeline infrastructure at its Sweeny, Texas, hub by late 2020,the company said Wednesday.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The project, estimated to cost up to $1.5 billion, will add two150,000 b/d fractionators in Old Ocean, Texas, and increase storage capacityby 6 million barrels, according to a company statement.

Phillips' Sweeny hub currently has one 100,000 b/d fractionator, 9million barrels of NGL storage capacity at Clemens Caverns and the ability toexport 200,000 b/d of LPG from its Freeport, Texas, terminal.

The company joins Enterprise and Lone Star in a recent push to addfractionation capacity on the Gulf Coast.

Lone Star is expected to add two 120,000 b/d fractionators at its MontBelvieu, Texas, facility -- one in the third quarter of 2018 and another inmid-2019 -- bringing its total to six fractionators.

Enterprise's ninth fractionator at its Mont Belvieu facility, an 85,000b/d unit, was expected to be online in June. The company reported anemissions event to state regulators in early May due to commissioningactivities. It is unclear if the unit is running at full rates.

Market sources have attributed some of ethane's recent strength toinsufficient fractionator capacity in Mont Belvieu.

The Mariner East 1 pipeline outage and "continued strong demand withoutthe adequate infrastructure to deliver purities, I think, is driving it," atrader said in late May. "By infrastructure, I mean fracs."

June non-LST ethane was trading at 33 cents/gal Wednesday morning, afour-year high.

--Andrea Salazar, andrea.salazar@spglobal.com

--Edited by Jennifer Pedrick, jennifer.pedrick@spglobal.com