Its roles Owner Developer
Teréga is a French energy infrastructure operator that transports and stores natural gas in southwest France and provides cross-border connections with Spain. As one of France’s two gas transmission system operators, it offers regulated pipeline and storage services to energy suppliers, shippers, power producers, and industrial users.
The company operates around 5,000 km of high-pressure pipelines and two underground storage sites at Lussagnet and Izaute, forming a key part of the French–Iberian gas network. Its activities include system balancing, interconnection capacity management, and maintenance of gas infrastructure to ensure security of supply.
Teréga is also engaged in the energy transition, integrating biomethane and preparing its network for hydrogen transport and CO2 management to support industrial decarbonization. Headquarters: Pau, France.
chemXplore tracks 1 project involving Teréga, of which one is active.
Recurring profit €195.8m; EBITDA €491.5m and on track for €620m FY; Teréga stake acquired for €573m and Saggas stake deal for €31m; €1/share dividend maintained.
Purchase of additional stake in Sagunto LNG terminal pending approvals; aimed at supply security and integration with decarbonisation projects, expected before end‑2026.
FEED will finalise route, compression layout, permits and procurement specs; CEF granted over €28m for studies and surveys; FID required ahead of planned 2032 start.
The MoU aims to develop Port-La Nouvelle into a key hub for low-carbon hydrogen and CO2, supporting energy transition and regional economic growth.
