What Elgas does

Elgas Limited is an Australia-headquartered (Chatswood) LPG and industrial gases distributor founded in 1984 and operating as a wholly-owned subsidiary of Linde plc (NYSE: LIN) alongside BOC Limited and SPW. The company supplies bottled and bulk LPG to residential, commercial, and industrial customers across Australia and New Zealand, including 45kg home gas bottles, EasyGas automatic refill and EasyGas DownUnder underground tank solutions, forklift gas bottles, bulk LPG, and LNG (methane). Through its Stargas sub-brand it also distributes industrial and specialty gases (acetylene, argon, nitrogen, CO2, helium, MIG/TIG shielding gases, beer gas) and operates the SWAP'n'GO BBQ-bottle exchange program at approximately 6,000 retail outlets nationally.

The company's revenue model combines LPG product sales (recurring through auto-refill subscriptions), annual equipment rental / service charges on cylinders and bulk tanks, transactional delivery and connection fees, and a variable customer-acquisition promotion ($200 LPG credit on the Variable Plan). It reaches customers via three concurrent go-to-market motions: a sales-led approach with field teams for commercial accounts and inside sales for residential, a self-serve digital channel (elgas.com.au, MyAccount portal, iOS/Android apps, 24/7 phone), and an extensive channel network of approximately 400 branches, agents, and distributors plus the SWAP'n'GO retail exchange footprint. Elgas holds registered trademarks on SWAP'n'GO, EasyGas, Gas Near Me, and Purple Perks and is a member of industry associations including Gas Energy Australia, where its technical staff have co-developed safety standards such as the LCC27 quick-connect valve.

Name

Elgas

Legal name

Elgas Limited

Website

https://elgas.com.au

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

251–500 employees

Short description

Elgas is Australia's largest LPG gas distributor, supplying bottled and bulk LPG, industrial gases, and LNG to more than 350,000 homes and businesses across Australia and New Zealand as a subsidiary of Linde plc.

Ownership category

akta.pro rank

Product category

LPG Gas Supply and Distribution

NAICS

Natural Gas Distribution (22121)

SIC

Natural Gas Distribution (4924)

akta.pro primary industry

Distributed Energy & Gas Solutions Sales (CHP, Microgrids, On-site Gas Supply) (EUAAADAJ)

akta.pro secondary industries

Industrial Gas Infrastructure & Metering (Onsite Storage, PRS, Metering, SCADA) (EUALALAH), C&I Retail Natural Gas Supply (EUAGACAB), Competitive Retail Natural Gas Supply (Residential & SMB) (EUAGABAC)

Keywords

• LPG gas supply
• BBQ gas exchange
• Bulk LPG delivery
• Industrial gas supply
• LPG cylinder refills

Headquarters

HQ city

Chatswood

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. LPG Gas Sales: Sale of LPG gas in various bottle sizes (45kg, 9kg, 4kg, 18kg, 15kg) and bulk LPG supply for residential, commercial, and industrial customers. Recurring revenue through home delivery with automatic refill options.
2. Equipment Rental (Service Charge): Annual or periodic rental fees for borrowed equipment including gas cylinders, bulk tanks, and storage vessels. Charged yearly in advance with rates varying by branch location.
3. Delivery Fees: Fees for home gas bottle delivery, with charges potentially varying by branch location. Emergency and short-notice delivery may incur additional fees.
4. Connection and Service Fees: Fees for connection, reconnection, and disconnection of gas services. Also includes abortive delivery fees and late payment fees.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Elgas supplies LPG gas to residential and commercial customers in Australia and New Zealand through home gas bottles (45kg), EasyGas automatic refill delivery, EasyGas DownUnder underground tank installation, forklift gas bottles (15kg/18kg), bulk LPG and LNG for industrial users, and SWAP'n'GO BBQ bottle exchange at retail outlets. The company also sells industrial and hospitality gases (acetylene, argon, nitrogen, CO2, helium, beer gas) under the Stargas brand. Distribution is supported by an online MyAccount portal, mobile apps, ~400 branches/agents, and ~6,000 SWAP'n'GO retail exchange locations.

Product overview

Elgas operates as Australia's largest LPG gas supplier (part of Linde plc), offering a portfolio of interconnected energy products and services. The core offerings include residential LPG (45kg home bottles with EasyGas automatic delivery), commercial/business LPG (bulk supply, forklift bottles), SWAP'n'GO BBQ bottle exchange program (4kg and 9kg), and Stargas industrial gases (acetylene, argon, nitrogen, CO2, helium, beer gas). The company also provides LNG supply and underground storage solutions. A digital MyAccount portal enables online ordering and account management. The product architecture follows a platform-plus-services model where physical gas products are complemented by automated delivery programs and digital account management tools.

Differentiator

Problem solved

Functional benefit

Brands

• Stargas: Industrial and hospitality gas brand offering industrial gases including nitrogen, argon, acetylene, CO2, helium, and beer gas for commercial applications.
• SWAP'n'GO
• EasyGas
• Purple Perks

Products and services

• ELGAS LPG for Home

Quantifiable outcome

• More than 350,000 homes and businesses served
• +2 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core and major.

• Linde Group (Linde plc)coreOthersElgas is a subsidiary of Linde plc, part of the BOC/Elgas group. Linde is one of the world's leading industrial gases and engineering companies. Elgas operates under the Linde Group along with BOC Limited and SPW.
• Gas Energy AustraliamajorStrategic or Co-development PartnerIndustry association partner for LPG industry standards, safety regulations, and advocacy. Collaborated on LCC27 gas bottle valve development and industry safety initiatives.
• BOC LimitedcoreOthersRelated company within the BOC/Elgas group under Linde plc. Both BOC and Elgas are part of the same corporate group operating in Australia.
• SPWcoreOthersSubsidiary of Linde plc alongside BOC and Elgas, included in joint Modern Slavery Statements and ethical business initiatives.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• EnergyAustralia: Major Australian energy retailer serving residential and business customers with gas and electricity. Adjacent competitor for households using LPG as a substitute for piped natural gas, particularly in unmetered areas.
• AGL Energy: One of Australia's largest energy retailers with gas and electricity offerings; competes with Elgas in residential energy supply including LPG-adjacent customer pools. Diversified incumbent with broader energy portfolio.
• Origin Energy: Major Australian energy retailer with LPG operations in addition to electricity and natural gas; competes with Elgas particularly in residential energy supply and bulk LPG for commercial customers. Much larger diversified incumbent with overlapping LPG business unit.
• Wesfarmers (Kleenheat parent): Diversified Australian conglomerate whose Kleenheat subsidiary competes directly with Elgas in LPG distribution. Wesfarmers' broader retail and industrial footprint creates cross-channel competitive pressure.
• Air Liquide Australia: Global industrial gas major with Australian operations spanning bulk gases, specialty gases, and welding supply. Competes with Elgas/Stargas in industrial gas tenders and hospitality gas supply.
• BOC Limited (Linde): Sister company under Linde plc operating in industrial gases, welding gases, and specialty gas supply in Australia. Comparable in industrial/welding/Stargas-style offering and overlaps in hospitality gas (CO2, beer gas) where Elgas operates Stargas.

Others

• Linde plc: Global industrial gas and engineering parent company of Elgas. While not a direct competitor, Linde shapes Elgas's strategic direction, capital allocation, and access to technology, and indirectly influences competitive dynamics through its other Australian subsidiaries (BOC, SPW).

Direct peers

• Supagas: One of Australia's largest direct competitors to Elgas in LPG distribution for residential, commercial, and industrial customers, including BBQ bottle exchange and bulk supply across Australia. Direct overlap in product mix, customer segments, and bottle-swap retail network.
• Kleenheat (Wesfarmers Kleenheat): Wesfarmers-owned LPG supplier serving Australian households and businesses with bottle exchange, bulk LPG, and forklift gas — directly competing with Elgas across residential and commercial LPG. Comparable product portfolio including swap programs.
• Coregas: Australian industrial and specialty gas supplier (part of Nippon Gases Australia) offering welding gases, CO2, nitrogen, argon, and helium — directly overlapping Elgas's Stargas industrial gas line for hospitality and light industrial customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@ElgasAuLPG
• Facebookfacebook.com/ElgasLPG
• LinkedInau.linkedin.com/company/elgas-limited
• Instagraminstagram.com/elgaslpg/?hl=en

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Elgas