PSX's Freeport LPG Export Terminal Comes On Lline; Amazon Was The Right Name For This Company -- December 20, 2016

Today, Amazon announced three new fulfillment centers, each up to a thousand new employees. Two in Illinois, one in Michigan.

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Phillips 66's Freeport LPG Export Terminal Comes Online

We've been talking about this terminal for quite some time. One can google the Freeport LPG terminal at the blog for more information.

From Zacks, data points:

• company reported that it loaded its first contracted cargo on the Commander
• the Commander: a very large gas carrier that sailed from the terminal on December 16, 2016
• two ships can be loaded simultaneously with refrigerated propane and butane
• rate of filling: 36,000 bbls/hour
• supply obtained from Phillips 66 Partners (PSXP) Sweeny fractionator and Clemens storage facilty; all linked to the Mont Belvieu Hub
• operational after a 4-year effort