New Jersey Resources Statement: Federal Energy Regulatory Commission Approves PennEast Pipeline
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The Federal Energy Regulatory Commission (FERC) approved the PennEast pipeline. In issuing a Certificate of Public Convenience and Necessity, FERC agreed there was a clear need for PennEast, and that it can be operated safely, with minimal impact on the environment.
"FERC's approval process for pipelines is a stringent one, as it should be," Stephen Westhoven, chief operating officer at New Jersey Resources, said. "The PennEast team has worked diligently to meet all FERC requirements, in order to provide low-cost natural gas to our state's residents and businesses, reduce energy costs, create jobs and drive economic development in New Jersey."
"We are pleased this project has received FERC approval, and look forward to delivering the benefits of this locally sourced, abundant, low-cost natural gas to our state."