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General information

Swissgas, which was founded on 7 April 1971 as a private limited company, is a joint procurement and transport platform for four regional shareholders (regional companies) and provides its services in their behalf. The Association of the Swiss Natural Gas Industry (Verband der Schweizerischen Gasindustrie – VSG) is also a shareholder.

Shareholder Swissgas

The purpose of the company – in collaboration with the regional companies – is to procure and supply all forms of natural gas in Switzerland and to protect related interests both nationally and abroad.

The company’s highest priority is to guarantee continuously competitive procurement conditions and the security of supply. Swissgas procures a total of approx. 20 TWh of natural gas per year either at short notice on spot markets or through imports regulated by long-terms contracts. Swissgas also has its own network of natural gas pipelines with a total length of 260 km as well as transport agreements with foreign companies for gas transport up to the Swiss border.

Key figures for the 2017 financial year:

Procured quanity of natural gas16,2 TWh
Total length of the pipeline network260 km
Balance sheet totalCHF 373,9 million
Gas salesCHF 412,5 million
cumulative InvestmentsCHF 346 million

Shareholdings

100 % SET Swiss Energy Trading AG, Zurich
66 % of which transferred as subparticipation to EGO, EGZ, Gaznat and GVM:
Portfolio optimisation and trade with energy products

100 % Swissgas Speicher AG, Zurich
Analyses, clarifications and activities related to natural gas storage

51 % Transitgas AG, Zurich:
Technical operation and maintenance of the transitgas Pipeline

5,3 % Swiss Gas Invest AG, Vevey

4,9 % FluxSwiss Sagl, Lugano:
Commerical operation of the transitgas capacity