South Jersey Industries : South Jersey Gas and Wawa, Inc. Announce Compressed Natural Gas Fueling Joint Project
April 23 2014 - 12:59PM
For Immediate
Release
SJG Media Contact: Dan Lockwood, x4108,
dlockwood@sjindustries.com
SJG IR Contact: Marissa Travaline, x4227,
mtravaline@sjindustries.com
609-561-9000
Wawa Contact: Lori Bruce,
lori.a.bruce@wawa.com 610-358-8039
April 23, 2014
South Jersey
Gas and Wawa, Inc. Announce Compressed Natural Gas Fueling Joint
Project
Folsom, NJ and Media, PA - South Jersey Gas,
subsidiary of energy services holding company South Jersey
Industries (NYSE:SJI), and Wawa, Inc. today announced a joint
project that will introduce compressed natural gas fueling at one
of Wawa's southern New Jersey locations. This joint project
would be the first of its kind in the region and follow a similar
format to initiatives between natural gas utilities and traditional
fueling stations in other areas of the country.
The first station slated for CNG is located in
Logan Township, NJ, off exit 10 of Route 295 and within the
Pureland Industrial Complex. Other locations are being
considered.
"We're very excited to begin this joint project
with Wawa as it's a natural extension of the growth within our CNG
business line," said Jeffrey E. DuBois, president of South Jersey
Gas. "This initiative will build greater faith among the
general public in natural gas as a reliable, cost-effective and
environmentally friendly transportation fuel source. With
compressed natural gas costing approximately one third less than
gasoline at the pump and producing up to 30 percent less greenhouse
gas emissions compared to diesel and gasoline powered vehicles, the
market for customers to make the switch to CNG, particularly fleet
vehicles, is plentiful," added DuBois.
"Wawa is pleased to offer compressed natural gas
for the first time to our customers at our Logan Township store,"
said Brian Schaller, vice president of Fuel for Wawa. "This
joint project with South Jersey Gas is another step in the
evolution of Wawa's fuel offer, providing an alternative that is
cheaper, cleaner and domestically available. Compressed
natural gas provides an opportunity to increase the value of our
fuel and convenience offer to the customer, and positions us for
the future. We are excited about the growth potential of this
alternative fuel."
Both companies anticipate having infrastructure in
place at the Logan Township facility to begin serving natural gas
fueled vehicles by early 2015.
Compressed natural gas is a readily available
alternative fuel that's made by compressing natural gas to less
than 1 percent of its volume at standard atmospheric pressure.
Currently, there are well over 100,000 compressed natural gas
vehicles operating in the United States and more than 14 million
worldwide.
###
About South Jersey
Gas
South Jersey Gas, the principal subsidiary of
South Jersey Industries (NYSE:SJI) provides natural gas service to
over 362,000 residential, commercial and industrial customers in
Atlantic, Cape May, Cumberland, Salem, and significant portions of
Gloucester, Burlington and Camden counties in New Jersey. Visit
www.southjerseygas.com to learn more.
About Wawa, Inc.
Wawa, Inc., a privately held company, began in 1803 as an iron
foundry in New Jersey. Toward the end of the 19th Century, owner
George Wood took an interest in dairy farming and the family began
a small processing plant in Wawa, Pa, in 1902. The milk business
was a huge success, due to its quality, cleanliness and "certified"
process. As home delivery of milk declined in the early 1960's,
Grahame Wood, George's grandson, opened the first Wawa Food Market
in 1964 as an outlet for dairy products. Today, Wawa is your all
day, everyday stop for fresh, built-to- order foods, beverages,
coffee, fuel services, and surcharge-free ATM's. A chain of more
than 650 convenience retail stores (over 380 offering gasoline),
Wawa stores are located in Pennsylvania, New Jersey, Delaware,
Maryland and Virginia and Central Florida. The stores offer a large
fresh food service selection, including Wawa brands such as
built-to-order hoagies, freshly-brewed coffee, hot breakfast
sandwiches, built-to-order Specialty Beverages, and an assortment
of soups, sides and snacks.
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: South Jersey Industries via Globenewswire
HUG#1778809
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