Market Report Sneak Peak

U.S. LNG feedgas demand rose last week with most terminals operating around full capacity, except for Freeport. Freeport is currently conducting terminal maintenance but has also had a number of unplanned restarts this month, which has significantly reduced intake at the terminal. Global gas prices surged higher again as conflict in the Middle East intensified. On the regulatory front, Texas Gateway, a pipeline project targeting bringing Haynesville supplies to LNG demand, was accepted into the FAST-41 regulatory program.