- Cadiz Inc. (CDZI) secured a final right-of-way grant from the BLM to begin construction on converting its 220-mile Cadiz Northern Pipeline from natural gas to water transport.
- U.S. natural gas futures settled lower, tracking broader downward pressure in the commodity markets.
- Energy transport through the Strait of Hormuz remains resilient, with more LNG carriers navigating the area despite regional hostilities.
Quotes
“U.S. Bureau of Land Management issued a final decision approving the right-of-way grant allowing the company to begin construction on converting its 220-mile Cadiz Northern Pipeline from natural gas”