Adelphia Gateway Files Application with FERC for Certificate of Public Convenience and Necessity

WALL, N.J.–(BUSINESS WIRE)–Following the conclusion of its successful binding open season, Adelphia
Gateway, LLC filed an application with the Federal Energy Regulatory
Commission (FERC) seeking a certificate of public convenience and
necessity authorizing the acquisition, construction and operation of an
existing 84-mile pipeline and related facilities in Pennsylvania. FERC
is the independent administrative agency that regulates the interstate
transmission of natural gas.

“Today’s filing with FERC is another step forward for Adelphia Gateway,”
said Stephen Westhoven, chief operating officer of New Jersey Resources.
“This important project will utilize existing infrastructure to provide
greater access to clean, safe, affordable natural gas to underserved
markets in the greater Philadelphia region.”

Announced in November 2017, Adelphia Gateway, a subsidiary of New Jersey
Resources, NYSE: NJR, entered into an agreement to purchase and operate
the Pennsylvania-based pipeline system with interconnections at Texas
Eastern Transmission, LLC in Bucks County and Columbia Gas Transmission
in Northampton County to Marcus Hook in Delaware County. Adelphia
Gateway will repurpose the southern 50-mile portion of the pipeline to
provide natural gas to the region. The northern 34-mile section of the
pipeline, extending from Bucks County to Northampton County, was
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.

Pending receipt of all the necessary permits and regulatory actions,
Adelphia Gateway expects the project to be placed into service in early
2019.

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.
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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]