Energy Transfer LP and Phillips 66 Partners LP are holding a nonbinding open season for their joint venture Bayou Bridge Pipeline LLC to gauge support for expanded oil transportation to the Gulf Coast.
Bayou Bridge, with 480,000 b/d of capacity, provides light and heavy crude service from different sources to the St. James hub in Louisiana. The 30-inch diameter Nederland, TX, to Lake Charles, LA segment went into service in April 2016, and the 24-inch diameter Lake Charles to St. James segment was completed in March.
The open season, which began Monday with no end date, is soliciting shipper interest for expanded joint tariff service from connecting carriers at origin points in the Bakken/Three Forks in North Dakota, Patoka, IL, the Powder River Basin in Wyoming, the Denver-Julesburg Basin in Colorado; Cushing, OK; and the Permian Basin. Bayou Bridge also is evaluating additional southern Louisiana destination points to increase optionality.
Once shipper interest has been confirmed, Bayou Bridge plans to hold a binding open season to finalize commitments. Bayou Bridge, 60% owned by Energy Transfer and 40% by Phillips 66, is operated by a subsidiary of Energy Transfer Operating LP
Contact dlBBPL@energytransfer.com for more information.