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Strong results in 2018 support the strategic plan for operational excellence to promote energy transition.

Pau, to May 22, 2019

In 2018, Teréga, France's leading independent gas transporter, recorded growth of 1 % and generated revenues of €476m, in line with its targets.

With the start of storage facilities regulation, in 2018 Teréga became a 100% regulated company. This regulation improves Teréga's risk profile, but means a significant drop in revenue tied to storage activity: - 13% from 2017 for €154m in turnover. Nevertheless, the successful sales campaigns surrounding storage capacities reflect the strong performance of this activity.
Transport activity recorded over 9% growth for €322m in turnover. This increase is mainly thanks to the award of a €15m European grant supplement for the Béarn pipeline project.

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