Sept 3 (Reuters) - U.S. oil refiner Phillips 66

sold its natural gas gathering and processing assets in East

Texas to Voyager Midstream Holdings, a portfolio firm of Pearl

Energy Investments, the company said on Tuesday.

"This transaction with Voyager Midstream Holdings is part of

our plan to monetize non-core assets that are expected to

generate over $3 billion in proceeds that will be deployed to

further our strategic priorities," a company spokesperson said.

The company said last year it would monetize $3 billion in

non-core assets in 2024 as part of a plan to boost returns by

cutting costs and assets.

Haynesville, located primarily in Louisiana and East Texas,

contains large amounts of natural gas.

Houston-based Voyager said the assets are located in Panola,

Rusk and Harrison counties in Texas and Caddo parish in

Louisiana.

"We are committed to growing our infrastructure footprint in

East Texas and North Louisiana and improving producer

connectivity and netbacks," Voyager CEO Will Harvey said.

Voyager did not disclose the deal value.

The company said the acquisition also includes the Carthage

hub, a natural gas trading and delivery hub which can handle

over 1 billion cubic feet per day. The hub provides connectivity

to multiple markets across the U.S., including access to LNG

markets in Texas and Louisiana.