Market Report Sneak Peak

U.S. LNG feedgas demand continues to climb as terminals begin ramping up for peak winter production and commissioning volumes at Plaquemines increase. Plaquemines feedgas intake hit a record high this weekend as all 18 blocks are now authorized to take feedgas. North American LNG exports have also been incredibly strong this month and will likely climb even higher this winter. Meanwhile, Woodside secured an equity and pipeline partner for the under-construction Louisiana LNG. Williams has taken a 10% stake in the project.