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As a key regional and national player in the energy market, we have built up more 80 years’ expertise in the development and operation of gas transport and storage infrastructures.
The central link in a chain that connects energy producers to energy consumers, our infrastructures are essential for the security of supply to private individuals and businesses alike. Historically located in the south-west region, we have more than 5,100 km of pipelines and 2 underground storage facilities, representing 15.6% of the French gas transport grid and 25.4% of national storage capacity respectively.
Located at the crossroads of major European gas flows, we occupy a key strategic position in a greater Europe of energy. We use this asset to ensure the fluidity of European gas markets and meet our commitments, in particular that of accelerating the energy transition.
Teréga, France’s number one independent gas infrastructure operator, saw turnover of €488 million (excluding balancing and congestion) with net profits of €106 million in 2024 ( +9.3% compared to 2023). Teréga’s results have remained strong, in a context increasingly marked by geopolitical tensions, strong demands for energy security, and the acceleration of the transition. Transport business generated turnover of €312 million and storage €176 million.
With a storage fill level of 98% at 1st November 2024, the trading of 100% of capacities via the auction mechanism, and a cross-border interconnection via Pirineos that remains as strategic as ever, Teréga has reaffirmed its decisive contribution to the energy equilibrium in France and across Europe.
Our ambition is to support the transition of the French economy towards carbon neutrality by 2050. For several years now, this has led us to develop innovative solutions capable of creating tomorrow’s energy models. Convinced of the place and indispensable role of gas, we are investing, among other things, in the biomethane and hydrogen sectors in order to accelerate the energy transition at reasonable costs.