Federal Energy Regulatory Commission (FERC) Accepts PennEast Pipeline for Pre-filing Process

PennEast Pipeline Company, LLC, announced today FERC approval of its request to initiate the pre-filing review process.

The pre-filing process includes a formal structure for interested parties along the proposed route to provide input regarding the proposed PennEast Pipeline. It also creates the framework for the environmental analysis required of the location, design and permitting of the proposed natural gas pipeline.

PennEast chose the comprehensive, multi-step pre-filing approach as a way to ensure greater stakeholder involvement early in the project’s development and to work cooperatively with the FERC staff on stakeholder outreach, as well as the technical, engineering and environmental aspects of the project before a formal application is submitted. PennEast plans to complete pre-filing and file a formal application in third quarter 2015.

“Interstate natural gas pipelines are subject to stringent review and FERC oversight,” said Peter Terranova, chairman of the PennEast board of managers. “PennEast requested to use the pre-filing process because it provides an ideal framework for obtaining early input from potentially affected landowners and other stakeholders. Their input helps identify areas of concern that we can try to address from the start through the design of the project.”

PennEast has established numerous channels to share project information and obtain stakeholder input, including a toll-free line (844-347-7119); web site (www.penneastpipeline.com); and e-mail address (answers@penneastpipeline.com). It also will host a series of open houses scheduled primarily November 10 through November 13. Throughout the pre-filing phase, stakeholders also may provide input using the FERC e-Comment system (www.ferc.gov/docs-filing/ecomment) and entering the PennEast pre-filing docket number PF15-1-000.

The proposed 108-mile, 36-inch natural gas pipeline will be designed to transport 1 Bcf/day -- enough natural gas to serve approximately 4.7 million homes. Current plans call for the pipeline to run from Luzerne County in northeastern Pennsylvania to Transco’s Trenton-Woodbury interconnection in New Jersey. The PennEast Pipeline is projected to go into service in 2017.

AGL Resources; NJR Pipeline Company, a subsidiary of New Jersey Resources; PSEG Power LLC; South Jersey Industries; and UGI Energy Services (UGIES), a subsidiary of UGI Corporation, comprise PennEast Pipeline Company, LLC. UGIES is the project manager for the development of the project.

About PennEast Member Companies:

AGL Resources www.aglresources.com
AGL Resources (NYSE: GAS) is an Atlanta-based energy services holding company with operations in natural gas distribution, retail operations, wholesale services and midstream operations. AGL Resources serves approximately 4.5 million utility customers through its regulated distribution subsidiaries in seven states. The company also serves approximately 630,000 retail energy customers and approximately 1.2 million customer service contracts through its SouthStar Energy Services joint venture and Pivotal Home Solutions, which market natural gas and related home services. Other non-utility businesses include asset management for natural gas wholesale customers through Sequent Energy Management and ownership and operation of natural gas storage facilities. AGL Resources is a member of the S&P 500 Index. For more information, visit www.aglresources.com.

NJR Pipeline Company www.njresources.com
NJR Pipeline Company is a subsidiary of New Jersey Resources (NYSE: NJR), a Fortune 1000 company that provides safe and reliable natural gas and clean energy services, including transportation, distribution and asset management. NJR Pipeline is part of NJR’s strong financial profile and ongoing commitment to invest in and own midstream assets, including natural gas storage and transportation pipelines. NJR’s midstream assets are currently comprised of a 5.53 percent stake in Iroquois Pipeline and a 50 percent stake in Steckman Ridge, a 12 Bcf storage field in south central Pennsylvania, and now equity ownership in the PennEast Pipeline.

Public Service Enterprise Group www.pseg.com
Public Service Enterprise Group (NYSE: PEG) is a publicly traded diversified energy company with annual revenues of $10 billion. Its operating subsidiaries are: PSEG Power, Public Service Electric and Gas Company (PSE&G) and PSEG Long Island.

South Jersey Industries www.sjindustries.com
South Jersey Industries (NYSE: SJI), an energy services holding company based in Folsom, NJ, operates its business through two primary subsidiaries. South Jersey Gas, one of the nation's fastest growing natural gas utilities, delivers clean, efficient natural gas and promotes energy efficiency to over 365,000 customers in southern New Jersey. SJI's non-regulated businesses, under South Jersey Energy Solutions, promote efficiency, clean technology and renewable energy by developing, owning and operating on-site energy production facilities - including Combined Heat and Power, Solar, and District Heating and Cooling projects; acquiring and marketing natural gas and electricity for retail customers; providing wholesale commodity marketing and risk management services; and offering HVAC and other energy-efficiency related services. For more information about SJI and its subsidiaries, visit http://www.sjindustries.com.

UGI Energy Services www.ugies.com
UGI Energy Services is a subsidiary of UGI Corporation (NYSE: UGI). Its midstream services division builds, owns and operates natural gas storage facilities and high-pressure transmission and gathering lines. The company also owns and operates LNG and propane peaking facilities and terminals in Pennsylvania. UGIES also owns coal, natural gas and renewable-fueled generating assets. UGIES’ retail energy marketing division sells natural gas, electricity and liquid fuels to approximately 30,000 business, commercial, industrial, institutional and government customers in nine states and Washington, DC. The UGI name has been known in the region for more than 130 years and is an integral part of the community.

Contacts:

PennEast Pipeline Company, LLC
Patricia Kornick, 412-780-4696
pkornick@penneastpipeline.com

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