Teréga

May 19, 2020

Teréga goes green in 2019 for all its activities: 5% growth in revenues

On 1 November 2018, the French gas market underwent a major modification. With the creation of the Trading Region France (TRF), Teréga now works in a single market area, which is interconnected, more attractive and more competitive. This led to a 27% increase in gas flows over the Teréga network in 2019.

The transmission activity increased by 5%, with turnover of €339 million, thanks to the increase in authorised revenue due to investments made and the increase in capacity subscriptions, particularly at the interface with Spain.

Revenue from the storage activity is up by 4.5% to €161 million. Profits were up thanks to the increase in authorised revenue due to investments put into service.