Phillips 66 Announces Expansion Open Season for Seminoe Pipeline

HOUSTON--(BUSINESS WIRE)-- Phillips 66 (NYSE: PSX) announces that its subsidiary, Phillips 66 Carrier, LLC, is launching a binding expansion open season on its Seminoe Pipeline system to solicit shipper commitments for services from Billings, Montana, to Casper, Wyoming. The expansion open season will provide an opportunity for interested shippers to secure long-term refined product transportation with Seminoe Pipeline under binding transportation services agreements.

The expansion includes new takeaway capacity of 5,800 barrels per day on Seminoe Pipeline with origination stations in Billings to destination at Casper. The higher capacity is expected to be available during the second quarter of 2023.

The expansion open season will commence at 8 a.m. CDT on August 12, 2022. Prior to participating in the open season, interested parties must execute a confidentiality agreement to govern the receipt of the open season documentation. For a form of confidentiality agreement and additional information regarding the expansion of Seminoe Pipeline, please contact Tarek Saad at Resource.SeminoeExpansion@p66.com.

About Phillips 66

Phillips 66 (NYSE: PSX) manufactures, transports and markets products that drive the global economy. The diversified energy company’s portfolio includes Midstream, Chemicals, Refining, and Marketing and Specialties businesses. Headquartered in Houston, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pursuing a lower-carbon future. For more information, visit phillips66.com or follow @Phillips66Co on LinkedIn or Twitter.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220811005732/en/

Jeff Dietert (investors)

832-765-2297

jeff.dietert@p66.com



Shannon Holy (investors)

832-765-2297

shannon.m.holy@p66.com



Bernardo Fallas (media)

855-841-2368

bernardo.e.fallas@p66.com

Source: Phillips 66