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Phillips 66 Partners LP is a provider of fee-based transportation, terminaling, processing, storage and fractionation services to Phillips 66 and other customers. The Company owns, operates, develops, and acquires fee-based midstream assets. Its operations consist of crude oil, refined petroleum products and natural gas liquids (NGL) transportation terminaling, processing and storage assets.
It conducts its operations through both owned and joint venture operations. The Company's assets consist of systems, such as Billings Crude System, Billings Products System, Borger Crude System, Borger Products System, Clifton Ridge Crude System, Cross-Channel Connector Products System, Eagle Ford Gathering System, Gold Line Products System, Hartford Connector Products System, Ponca Crude System, Ponca Products System, River Parish NGL System, and Sweeny to Pasadena Products System. .