News Post
Phillips 66 Freeport LPG export terminal achieves full operation
Houston, Texas—Phillips 66's Freeport LPG export terminal in Freeport, Texas is now fully operational, the company announced on Friday. Phillips 66 loaded its first contracted cargo on the gas carrier Commander, which departed the terminal on December 16.
“The startup of the Freeport LPG Export Terminal is the culmination of a 4-yr effort to develop a new US Gulf Coast [USGC] natural gas liquids [NGL] market hub that also includes Phillips 66 Partners’ 100-Mbpd Sweeny fractionator and 7.5-MMbbl Clemens storage facility,” said Greg Garland, Phillips 66 chairman and CEO.
“The new liquefied petroleum gas [LPG] export terminal gives customers the ability to place multi-grade LPG products directly into global markets through Port Freeport, which provides immediate blue water access with minimal congestion.”
The Freeport LPG export terminal can load two ships at the same time with refrigerated propane and butane, at a collective rate of 36 Mbph. The petrochemical supplies come from Phillips 66 Partners’ Sweeny fractionator and Clemens storage facility. The storage terminal is connected by pipeline to the Mont Belvieu hub.
The export facility will help satisfy growing international demand for affordable US NGL. Phillips 66 expects US production to continue growing, and it is evaluating additional NGL fractionation and infrastructure alternatives along the USGC.
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