New Elizabethtown Gas Program to Improve ReliabilityAugust 18, 2006
UNION, N.J.--(BUSINESS WIRE)--Aug. 18, 2006--Elizabethtown Gas, a subsidiary of AGL Resources (NYSE: ATG), today announced the New Jersey Board of Public Utilities (NJBPU) has approved the company's $37 million pipeline replacement program and associated cost deferral.
The program will span more than four years and will replace 60 miles of cast iron gas mains in various communities in Union and Middlesex counties.
The company has already replaced 144 miles of cast iron pipelines in the last 10 years.
"Replacing the cast iron pipelines will enhance reliability for Elizabethtown Gas customers," said Don Carter, vice president of Elizabethtown Gas. "The new pipelines also will create a better infrastructure for businesses interested in expanding."
About Elizabethtown Gas Elizabethtown Gas, a wholly owned subsidiary of AGL Resources (NYSE: ATG), provides delivery service to more than 265,000 residential, business and industrial natural gas customers in New Jersey. In operation since 1855, the company serves parts of Union, Middlesex, Sussex, Warren, Hunterdon, Morris and Mercer counties. For more information, visit www.elizabethtowngas.com.
About AGL Resources AGL Resources, an Atlanta-based energy services holding company, serves 2.2 million customers in six states through its utility subsidiaries - Atlanta Gas Light, Elizabethtown Gas in New Jersey, Virginia Natural Gas, Florida City Gas, Chattanooga Gas, and Elkton Gas in Maryland. Ranked by Forbes as one of the 10 Best Managed Utilities and No. 250 in the Forbes Platinum 400 as well as No. 647 on the Fortune 1000 and No. 40 in the Fortune gas and electric utilities sector in 2006, AGL Resources reported revenue of $2.7 billion and net income of $193 million in 2005. The company also owns Houston-based Sequent Energy Management, an asset manager serving natural gas wholesale customers throughout the East and Midwest. As a 70 percent owner in the SouthStar partnership, AGL Resources markets natural gas to consumers in Georgia under the Georgia Natural Gas brand. AGL Networks, the company's telecommunications subsidiary, owns and operates fiber optic networks in Atlanta and Phoenix. The company also owns and operates Pivotal Jefferson Island Storage & Hub, a high-deliverability natural gas storage facility near the Henry Hub in Louisiana. For more information, visit www.aglresources.com.
CONTACT: AGL Resources, Atlanta Media Relations Robin Keegan, 404-584-3946 Cell: 404-783-1758 rkeegan@aglresources.com SOURCE: AGL Resources