Wall, N.J. - New Jersey Natural Gas (NJNG), a subsidiary of New Jersey Resources (NYSE: NJR), today announced the grand opening of the second public-access compressed natural gas (CNG) fueling station in Monmouth County, New Jersey, at Middletown Township's Department of Public Works.

'We are committed to promoting the use of natural gas as an alternative transportation fuel,' said Laurence M. Downes, chairman and CEO of New Jersey Natural Gas. 'CNG vehicles are a proven, energy-efficient alternative to gasoline and diesel-powered vehicles, help to improve air quality in our communities and support the country's goal of energy independence. We appreciate the opportunity to work with Middletown to help make CNG a viable option for area fleets to convert to a cleaner domestic fuel.'

NJNG constructed the CNG fueling station in Middletown Township as part of the NGV Advantage - NJNG's natural gas vehicle (NGV) initiative. With approval from the New Jersey Board of Public Utilities, NJNG invested a total of $10 million to build, own and maintain the infrastructure for three public CNG fueling stations in its service territory. The station in Middletown is the third to become operational.

'We're very pleased to have a compressed natural gas station in Middletown. Its location next to our Public Works yard will be a major asset as the township transitions to a natural gas fleet,' said Mayor Gerry P. Scharfenberger, Ph.D. 'Adding more natural gas vehicles to our inventory will reduce our carbon footprint. They use less fuel, emit far fewer greenhouse gases, and are much quieter on the road.' The township currently uses two packer trucks powered by compressed natural gas. Plans to acquire CNG pick-up trucks are in the works.

Prior to the completion of the three stations, there had been only 13 CNG fueling stations open to the public in New Jersey, which has been a major obstacle to the increased use of NGVs. NJNG's investment in the CNG station in Middletown and other host sites is an important step in further developing the use of NGVs and helps stimulate New Jersey's market for CNG vehicles and the benefits they provide.

With abundant supplies of natural gas in the United States available at competitive prices, CNG compares favorably to gasoline and diesel and provides an environmental benefit. In fact, according to a study prepared for the California Energy Commission, natural gas-powered vehicles produce between 20 and 30 percent fewer greenhouse gas emissions than those powered by diesel.

About New Jersey Resources

New Jersey Resources (NYSE: NJR) is a Fortune 1000 company, which through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. With annual revenues in excess of $2.7 billion, NJR is comprised of five primary businesses:

  • New Jersey Natural Gas, NJR's principal subsidiary, operates and maintains over 7,000 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, Sussex and Burlington counties.
  • NJR Energy Services manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services to its customers across North America.
  • NJR Clean Energy Ventures invests in, owns and operates solar and onshore wind projects with a total capacity of more than 200 megawatts, providing residential and commercial customers with low-carbon solutions.
  • 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 heating, central air conditioning, standby generators, solar and other indoor and outdoor comfort products to residential homes and businesses 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.

New Jersey Resources Corporation published this content on 19 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 19 May 2016 18:47:05 UTC.

Original documenthttp://www.njresources.com/news/releases/2016/njng/16-30-NJNGMiddletownCNGStationPressRelease.asp

Public permalinkhttp://www.publicnow.com/view/DA882748CC78B368D91E83E4B662FD1E1235D438