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New Jersey Resources

ADELPHIA GATEWAY EXTENDS OPEN SEASON THROUGH DECEMBER 8, 2017

11/22/2017 - For Immediate Release

Wall, N.J. – Adelphia Gateway LLC, a subsidiary of New Jersey Resources Corporation (NYSE: NJR), announced that it is extending its Open Season for firm transportation capacity through December 8, 2017, in response to customer requests to provide a delivery interconnection with Columbia Gas Transmission in the Marcus Hook area, and in recognition of the time constraints presented by the Thanksgiving Holiday. Binding requests for capacity will now be accepted through 2 p.m. Central Standard Time on Friday, December 8.

Adelphia Gateway will operate an 84-mile pipeline with existing interconnections at Texas Eastern Transmission, LLC in Bucks County and Columbia Gas Transmission in Northampton County to Marcus Hook in Delaware County. The southern 50-mile portion of the pipeline will be repurposed to provide a clean, safe, low-cost supply of natural gas to the region. The northern 34 miles of the pipeline, extending from Bucks County to Northampton County, were converted to deliver natural gas in 1996. Once complete, Adelphia Gateway will be able to transport an incremental 250,000 dekatherms of natural gas per day, approximately 91 million dekatherms per year, providing a direct and flexible path for delivering locally produced natural gas to growing and underserved markets in southeastern Pennsylvania and beyond.

The project is expected to close following receipt of all of the necessary permits and regulatory actions, including those from the Federal Energy Regulatory Commission. The final size and scope, as well as the amount of capacity to be made available will be fully defined based on binding bids received in this Open Season. Adelphia Gateway expects to place the project into service in late 2018.

For more information on the open season, contact David Johnson or Jack Herbert at 848-206-8300 or openseason@adelphiagateway.com.

About New Jersey Resources

New Jersey Resources (NYSE: NJR) is a Fortune 1000 company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. NJR is composed of five primary businesses:

  • New Jersey Natural Gas, NJR’s principal subsidiary, operates and maintains over 7,400 miles of natural gas transportation and distribution infrastructure to serve over half a million customers in New Jersey’s Monmouth, Ocean and parts of Morris, Middlesex and Burlington counties.
  • NJR Clean Energy Ventures invests in, owns and operates solar and onshore wind projects with a total capacity of more than 315 megawatts, providing residential and commercial customers with low-carbon solutions.
  • NJR Energy Services manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions to its customers across North America.
  • NJR Midstream serves customers from local distributors and producers to electric generators and wholesale marketers through its 50 percent equity ownership in the Steckman Ridge natural gas storage facility and its stake in Dominion Midstream Partners, L.P., as well as its 20 percent equity interest in the PennEast Pipeline Project.
  • NJR Home Services provides service contracts as well as heating, central air conditioning, water heaters, standby generators, solar and other indoor and outdoor comfort products to residential homes throughout New Jersey.

NJR and its more than 1,000 employees are committed to helping customers save energy and money by promoting conservation and encouraging efficiency through Conserve to Preserve® and initiatives such as The SAVEGREEN Project® and The Sunlight Advantage®.

For more information about NJR:
Visit www.njresources.com.
Follow us on Twitter @NJNaturalGas.
“Like” us on facebook.com/NewJerseyNaturalGas.
Download our free NJR investor relations app for iPad, iPhone and Android.


Contact:

Michael Kinney, Media
732-938-1031

Dennis Puma, Investors
732-938-1229

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