RELATED PARTY TRANSACTIONS

6 Months Ended

Jun. 30, 2012

Related Party Transactions [Abstract]

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS:

There have been no significant changes in the nature of SJG’s related party transactions since December 31, 2011. See Note 5 to the Financial Statements in Item 8 of SJG’s Form 10-K as of December 31, 2011 for a detailed description of such transactions.

A summary of related party transactions, excluding pass-through items, included in Operating Revenues were as follows, (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
Operating Revenues/Affiliates:
SJRG	$	89	$	184	$	272	$	6,059
Other	85		167		187		484
Total Operating Revenue/Affiliates	$	174	$	351	$	459	$	6,543

Related party transactions, excluding pass-through items, included in Operating Expenses were as follows, (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
Costs of Sales/Affiliates (Excluding depreciation):
SJRG	$	4,267	$	14,263	$	5,762	$	19,507
Energy-Related Derivative Losses *
SJRG	$	5,688	$	2,453	$	10,655	$	7,054

* Contracts used to hedge natural gas purchases. Included in Cost of Sales on the Condensed Statement of Income.

Operations Expense/Affiliates
SJI	$	2,486		$	2,712		$	5,163		$	5,208
SJIS	1,255			1,131			2,593			2,273
Millennium	796			771			1,583			1,502
Other	(142		)	(104		)	(278		)	(201		)
Total Operations Expense/Affiliates	$	4,395		$	4,510		$	9,061		$	8,782