Phillips 66 and Kinder Morgan Extend Western Gateway Pipeline Open Season
Phillips 66 (PSX) and Kinder Morgan (KMI) announced an extension of the second open season for the Western Gateway Pipeline, a newly proposed refined products pipeline system. The second open season provided additional receipt points and deliveries into the Los Angeles market via Kinder Morgan's SFPP Watson to Colton, California line. Based on continued interest, the extended open season, which will now close on April 15 at noon CT, will provide prospective shippers with additional time to complete commercial evaluations of the recently updated Transportation Services Agreement, including certain rates, and secure internal approvals for remaining capacity on the Western Gateway system.
