Adelphia Gateway Extends Open Season Through December 8, 2017

WALL, N.J.–(BUSINESS WIRE)–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 [email protected].

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.
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facebook.com/NewJerseyNaturalGas.
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relations app for iPad, iPhone and Android.

Contacts

New Jersey Resources
Media:
Michael Kinney,
732-938-1031
[email protected]
or
Investors:
Dennis
Puma, 732-938-1229
[email protected]