Swissgas, which was founded on 7 April 1971 as a private limited company, is a joint service 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.
The purpose of the Company – in collaboration with the regional companies – is to supply Switzerland with natural gas in all its forms and to safeguard its interests in Switzerland and abroad.
The main objective is to keep network operations competitive and ensure the security of supply. Therefore Swissgas 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.
|Procured quanity of natural gas||6,6 TWh|
|Total length of the pipeline network||260 km|
|Balance sheet total||CHF 243,4 million|
|Net proceeds from deliveries and services||CHF 205,4 million|
|cumulative Investments||CHF 350,6 million|
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