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 5,000 km of pipelines and 2 underground storage facilities, representing 16% of the French gas transport grid and 25.9% 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.
Despite the unprecedented situation, Teréga, the top independent French operator of gas infrastructures, is reporting turnover of €460m, and conducted two successful financing operations in 2020.
Teréga saw turnover of €460m with net profits of €50m in 2020. Transport business generated turnover of €313m and storage €147m. Those figures, slightly down on 2019, still show the strength and resilience of Teréga’s model, as the consequences of the Covid-19 crisis have been kept under control.
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.