Phillips 66, Energy Transfer Partners and Sunoco Logistics Partners have formed a joint venture to build the Bayou Bridge pipeline that will deliver crude oil from the Phillips 66 and Sunoco Logistics terminals in Nederland, TX to Lake Charles, LA.
The venture will also launch an expansion open season for service to the market hub in St. James, LA. Phillips 66 holds a 40% interest in the joint venture and Energy Transfer and Sunoco Logistics each hold a 30% interest. Sunoco Logistics will be the operator of the system.
Construction is underway on the Nederland-to-Lake Charles segment of the 30-inch pipeline, which will begin commercial operations early next year. The companies will also launch a binding expansion open season to assess additional shipper interest for service with connectivity to existing terminal infrastructure and refineries near St. James area.
The open season, which will begin shortly, will determine the size of the pipeline to St. James, which has a forecasted in-service date of the second half of 2017.