TEREGA_Bloc marque horizontal UK COLOR_CMYK 26/03/2018 C90 M25 Y0 K0 C85 M0 Y65 K0 C100 M100 Y40 K0 C65 M0 Y100 K0 C90 M25 Y0 K0 2017 ACTIVITY AND SUSTAINABLE DEVELOPMENT REPORT For over 70 years, we have applied our exceptional expertise at Teréga to developing and operating natural gas transport and storage infrastructures, enabling us today to design new solutions to meet the energy challenges of France and Europe. How can the historical model, largely based on centralised and fossil production, be linked to the model of the future, with its zero carbon footprint based on the use of a diversified and largely renewable energy mix from more decentralised sources? TIGF becomes We believe gas is an energy of the future because it can help to accelerate the transition to tomorrow’s energy model. We are working to make the future of gas visible today by becoming a driver of the energy transition and a major contributor to tomorrow’s energy model. Our new brand identity symbolises our transformation, which is currently being driven by the IMPACTS 2025 plan, and enhances what we do. Closer to current and potential customers, with a better understanding of their expectations, by capitalising on the strength of our close relationships. More efficient and responsible, with efficient infrastructures and activities that are highly secure, combined with a positive social and environmental track record. More influential and visible, with the ambition to have a greater influence on debates over the future of energy and the key role of gas and gas infrastructures. More open and innovative, with the extension of the geographical playing field, the development of activities with high added value beyond our historical activities and the integration of our facilities in “multi-energy” networks. More agile together, with a team structure that promotes fluidity, cross-functionality, collaboration and anticipation of change. INTERVIEW WITH DOMINIQUE MOCKLY Dominique MOCKLY Chairman and Chief Executive Officer of Teréga “AS AN ENERGY ‘IN TRANSITION’, GAS LIES AT THE HEART OF TECHNOLOGICAL CHANGE, MAKING IT A SOLUTION FOR THE FUTURE.” 2017 WAS PARTICULARLY RICH IN TERMS In this context, Teréga is asserting its po- seen as incompatible. That is why Teréga OF ENERGY DEBATES AND FOR THE sition as a European player firmly com- wants to speed up the pace of change, COMPANY YOU LEAD. WHAT DO YOU TAKE mitted to the energy transition and the both in terms of driving R&D and in terms AWAY FROM IT? key role of gas in this dynamic. As well of project support, in areas such as bio- The past year was marked by several as being an energy of the transition, gas methane, CO2 enhancement using Power key moments from an energy and envi- is also an energy “in transition” – in other to Gas technologies or Natural Gas ronmental point of view. Internationally, words, gas is the natural ally of techno- Vehicles (NGV). This notion of “green mo- Donald Trump’s decision to withdraw logical change, making it a from the Paris Climate Agreement was a solution for the future. This “WE HAVE PUT IN PLACE major event. For all that, the Americans’ ambition lies at the heart decision does not fundamentally reverse of our industrial strate- EVERYTHING WE NEED TO the trend: the major powers remain firmly gy. Such is the goal of the ACHIEVE OUR OBJECTIVES committed to the fight against global IMPACTS 2025 plan, but warming. They are becoming increasingly also of our emission re- IN TERMS OF CARBON reliant on the major energy companies to duction and offsetting pro- ACCOUNTING BY 2020.” achieve the objectives that have been set. gramme BE POSITIF (Bilan Having organised the COP 21 in 2015 and Environnemental POSITIF, the One Planet Summit at the end of 2017, or Positive Environmental Track Record), bility” is something we strongly believe in! France is now driving this trend. At a na- which was consolidated in 2017 thanks to A car that runs on natural gas produces tional level, there has been no shortage the remarkable efforts of our teams and 30% less greenhouse gas emissions than of issues relating to energy, with the de- Executive Committee. a petrol car, and without releasing par- ferment of the target to reduce the share ticles. That makes it an efficient techno- of nuclear energy in the production of WHAT CHANGES ARE YOU REFERRING TO logical solution, alongside the electric electricity to 50% by 2025 and the passing AND HOW DO YOU INTEND TO ACHIEVE engine solution, for gradually replacing of a law at the end of the year on hydro- YOUR TARGETS IN THE AREA OF CARBON petrol and diesel cars, the sale of which carbons that brings our storage activities ACCOUNTING? is envisaged to cease by 2040. under regulation. These major technological advances are quite simply those that combine a concern for the environment with being economically relevant – two objectives that have at times, and for too long, been 4 TABLE OF CONTENTS The Teréga network. P.4 Strategy. P.6 Governance. P.8 We also believe we can achieve our tar- Becoming fully integrated in the Euro- gets in terms of carbon accounting by pean energy market also means conti- TERRAIN 2020. For one simple reason: we have nuing with the major infrastructure & TERRITORY put in place everything we need to suc- works we have launched. I’m thinking in Trading Region France: ceed. We fully offset the impact of our particular of the STEP (South Transit East a game-changer. P.12 infrastructure works on fauna and flora. Pyrenees) project, a new bond of ener- RGM: towards a more fluid and homogeneous network. P.14 Any gas that happens to leak out during gy solidarity between France and Spain. interventions is systematically reinjected Taking full advantage of its strategic po- STEP: a European project in energy solidarity. P.16 into the network. And since 1 October sition between flows from the North Sea An exceptional period of last year, the electricity we consume and the Mediterranean basin, Teréga for Teréga’s storage activities. P.18 across all our sites is 100% renewable! aims to establish this major gas inter- The Lussagnet storage site connection project as the sym- is looking to the future. P.20 bol of the construction of a true Networks interventions: “IN 2018, WE WILL Europe of energy. a daily commitment. P.22 NEED TO ACHIEVE OUR Turning safety into “PARI”, NETWORKS GOAL OF BECOMING a winning wager! In 2017, we & RELATIONSHIPS launched the Prévention des Teréga puts its customers FULLY INTEGRATED IN Accidents et des Risques Indus- at the heart of its strategy. P.26 THE NATIONAL AND triels (Prevention of Industrial Teréga bolsters its role and institutional image. P.30 Accidents and Risks, or PARI, EUROPEAN ENERGY meaning “wager”) programme Total commitment to the environment. P.33 with the aim of achieving our MARKET.” PARI 2025: targeting “Zero target of “Zero accidents, zero accidents, zero snagging”. P.36 snagging” by 2025. The aim of An agile and effective organization HOW DO YOU ENVISION 2018? “PARI” is to consolidate the culture of of business support functions. P.38 In 2018, we will need to achieve our goal safety at Teréga and our partner com- Working towards equality at work and of becoming fully integrated in the na- panies based on an innovative inte- against all forms of discrimination. P.40 tional and European energy market. grated approach. Awareness of risks, Teréga is increasing the pace At a national level, there will soon be just specific training, use of new tools - this of its digital transformation. P.42 a single market, Trading Region France is our vision of safety in the future. To (TRF), effective as of 1 November of this realise these projects, I know I can count GAS: ACCELERATING year. We have all the tools we need to on high-quality teams fully committed to THE FUTURE Gas: a strong link meet this considerable challenge. This ensuring Teréga’s success. in the energy transition. P.46 year will also see our storage activities R&I: exploring coming under regulation. We will conti- new avenues. P.49 nue to apply the full range of our exper- Projects dedicated to achieving tise to achieving security of supply, a na- energy excellence. P.50 tional energy independence priority that is also a matter of concern to the daily lives of the French people. INDICATORS P.52 2017 ACTIVITY AND SUSTAINABLE DEVELOPMENT REPORT 5 THE TERÉGA NETWORK The Teréga network 5,055 KM OF PIPES 14% 16% OF THE FRENCH GAS OF THE TOTAL VOLUME OF TRANSPORT NETWORK FRENCH GAS IN THE TERÉGA NETWORK 24.5% OF FRENCH CAPACITY 6.5 GM³ TOTAL GAS STORAGE CAPACITY 2.84 GM³ MARKETABLE VOLUME 6 THE TERÉGA NETWORK The Netherlands DUNKERQUE Norway Russia MONTOIR TERÉGA HAS BEEN Algeria GRTgaz Nigeria (North and South) Germany Switzerland PRESENT IN THE SOUTH-WEST OF FRANCE FOR OVER 70 YEARS. Algeria Spain BLAYE AURILLAC LIBOURNE CASTILLON BASSENS BORDEAUX LA BATAILLE ARCACHON SAUVETERRE- DE-GUYENNE LA TESTE MARMANDE FIGEAC ILLATS VILLENEUVE- FUMEL SUR-LOT RODEZ CAHORS LALBENQUE CAPTIEUX AGEN MONTAUBAN ST-AFFRIQUE CONDOM IZAUTE BESSENS ALBI ST-SEVER DAX LUSSAGNET COUDURES GRENADE HAGETMAU AUCH TOULOUSE CASTRES BAYONNE MIRANDE LIAS ROQUES PAU REVEL ARCANGUES LACQ VIC-BIGORRE CARCASSONNE TARBES BILLÈRE BARBAIRA BORDES CRUZY PAMIERS OSSUN BOUSSENS LOURDES LARRAU ST-GAUDENS ROQUEFORT ST-GIRONS FOIX LUCHON PERPIGNAN EXISTING NETWORK AMÉLIE-LES-BAINS MAIN ENTRY/EXIT HEAD OFFICE STORAGE SECTORS COMPRESSOR STATIONS REGIONS BIOMETHANE INJECTION NETWORK MAINTENANCE STATION GROUP 2017 ACTIVITY AND SUSTAINABLE DEVELOPMENT REPORT 7 A STRATEGIC PLAN FOR AN ENERGY SOURCE OF THE FUTURE Amid the radically changing energy market and uses of gas, Teréga has launched the IMPACTS 2025 plan to achieve its ambitions in tomorrow’s energy landscape.