Teréga
Outlook for the gas system, winter 2021/2022: The gas system is able to meet France’s winter demand.

Nov 30, 2021

Outlook for the gas system, winter 2021/2022: The gas system is able to meet France’s winter demand.

Thierry Trouvé, CEO of GRTgaz and Dominique Mockly, Chairman and CEO of Teréga,
presented the “Winter Outlook 2021/2022” assessing the gas system’s prospects for
the coming winter.

Careful storage management is needed to guarantee the security of supply during exceptionally cold periods.

GRTgaz, which transports gas over the whole of France aside from the South-West region, and Teréga, which transports gas in the South-West region and operates 26% of the country’s gas storage capacities, confirm that the national gas system should be in a position to meet demand for all French consumers over the coming winter. In the event of peak demand due to exceptional cold weather, however, this will depend on the careful, balanced management of storage facilities throughout the winter. Under the current circumstances, with high gas and LNG prices, and European stocks lower than in France, gas suppliers should look to maintain the capacities needed to supply their customers throughout the country until the end of the winter.