{"id":1026,"date":"2022-05-03T16:31:00","date_gmt":"2022-05-03T21:31:00","guid":{"rendered":"https:\/\/www.phillips66.com\/newsroom\/pipeline-capitalizes-on-growing-ngl-demand\/"},"modified":"2024-11-19T12:43:55","modified_gmt":"2024-11-19T18:43:55","slug":"pipeline-capitalizes-on-growing-ngl-demand","status":"publish","type":"post","link":"https:\/\/www.phillips66.com\/newsroom\/pipeline-capitalizes-on-growing-ngl-demand\/","title":{"rendered":"C2G Pipeline capitalizes on growing NGL demand"},"content":{"rendered":"\n<figure class=\"wp-block-embed is-type-rich is-provider-embed-handler wp-block-embed-embed-handler\"><div class=\"wp-block-embed__wrapper\">\n<div style=\"position:relative;width:100%;height:0;padding-bottom:56.25%\"><iframe src=\"https:\/\/phillips66.widen.net\/view\/video\/zuxhailm8r\/C2G-Pipeline.mp4?u=gsovgw\" webkitallowfullscreen=\"\" mozallowfullscreen=\"\" allowfullscreen=\"\" frameborder=\"0\" allowtransparency=\"true\" scrolling=\"no\" style=\"position:absolute;top:0;left:0;width:100%;height:100%;\"><\/iframe><\/div>\n<\/div><\/figure>\n\n\n<p>The completion of the Clemens to Gregory pipeline project shows that Phillips 66 is a top-tier player in the rapidly growing natural gas liquids space.<\/p>\n<p>Phillips 66 completed and commissioned the pipeline known as C2G late last year. The 155-mile, 16-inch bidirectional ethane pipeline connects the company\u2019s Clemens Caverns to ExxonMobil and SABIC\u2019s Gulf Coast Growth Ventures, or GCGV, petrochemical facility in Gregory, Texas. Ethane is an NGL and key feedstock in the petrochemical manufacturing of ethylene, a building block for plastics.<\/p>\n<p>Phillips 66 won the bid to construct the pipeline in 2018. The project also included a contract in which Phillips 66 stores and provides ethane to GCGV.<\/p>\n<p>\u201cIt was a big deal to win, especially at a time when the Sweeny Hub was still growing,\u201d said NGL Asset Operations Managing Director <strong>Drew Creel<\/strong>. \u201cIt proved to the market that Phillips 66 is reliable enough for Exxon and SABIC to depend on us to supply their $7 billion project.\u201d<\/p>\n<p>The line\u2019s bidirectional capability is a valuable asset, since it allows for added flexibility in the event of operational disruptions and the optionality to add more customers.&nbsp; &nbsp;<\/p>\n<p>\u201cIt essentially opened up a whole new market for us south of the Sweeny Hub,\u201d said Creel.<\/p>\n<p>The hub is a collection of assets along the U.S. Gulf Coast that includes an NGL fractionation complex at the Sweeny Refinery, underground storage caverns, the C2G pipeline and the nearby Phillips 66 Freeport LPG Export Terminal. Phillips 66 is currently constructing a fourth NGL fractionator at the complex.<\/p>\n<p>The completion of the C2G Pipeline marks the latest accomplishment in the company\u2019s NGL portfolio \u2014 a growth strategy for the company since future demand looks promising.<\/p>\n<p>\u201cGlobal chemicals have been pretty robust, and it\u2019s expected to be going forward, so it will pull along NGL with it,\u201d said Phillips 66 Executive Vice President of Midstream <strong>Tim Roberts<\/strong>. \u201cWe have a clear vision \u2014 we think NGL can continue to be a nice growth segment for us.\u201d<\/p>","protected":false},"excerpt":{"rendered":"<p>Phillips 66 Midstream\u2019s newest pipeline supplies ethane to a south Texas petrochemical plant.<\/p>\n","protected":false},"author":127,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","widen_thumbnail_url":"https:\/\/phillips66.widen.net\/content\/lzid5qrybu\/jpeg\/22-0006_39_C2G%204-25%20DotCom2.jpeg?keep=c&crop=yes&color=ffffffff&quality=54&u=s3whhe","widen_thumbnail_width":"2048","widen_thumbnail_height":"1262","psx_hero_image_url":"https:\/\/phillips66.widen.net\/content\/73187gwjy5\/jpeg\/22-0006_39_C2G%204-25%20DotCom.jpeg?position=c&#038;color=ffffffff&#038;quality=80&#038;u=4kuu1w","psx_hero_image_width":"2048","psx_hero_image_height":"640","psx_hero_image_mobile_url":"https:\/\/phillips66.widen.net\/content\/lzid5qrybu\/jpeg\/22-0006_39_C2G%204-25%20DotCom2.jpeg?position=c&#038;color=ffffffff&#038;quality=80&#038;u=4kuu1w","psx_hero_image_mobile_width":"2048","psx_hero_image_mobile_height":"1262","psx_byline":"Allison Stowe"},"categories":[7],"class_list":["post-1026","post","type-post","status-publish","format-standard","hentry","category-midstream"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.9 (Yoast SEO v23.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Strengthening the NGL Value Chain | Phillips 66<\/title>\n<meta name=\"description\" content=\"Phillips 66 strengthens the NGL value chain with a focus on petrochemicals, hydrogen production and lower-carbon opportunities. 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