A lubricant dispensing system is provided. The dispensing system includes a lubricant supply, a lubricant dispensing nozzle and a control panel. The dispensing nozzle includes a nozzle body with a fluid passageway therein which is in fluid communication with the lubricant supply, an electrode assembly for electrostatically charging lubricant in the fluid passageway and at least one discharge orifice through which electrostatically charged lubricant can be discharged. The discharge orifice is defined by at least one spray needle having a first end in fluid communication with the fluid passageway and a second end that extends outward of the nozzle body. The control panel directs the flow of lubricant from the lubricant supply to the lubricant dispensing nozzle and controls the electric power supplied to the electrode assembly.