What Axègaz does

Axègaz (legal entity Axegaz T&T) is a France-based small-scale LNG distributor founded in 2012 by Alfonso Morriello and headquartered in Levallois-Perret. The company supplies liquefied natural gas to industrial sites, transport and logistics operators, municipalities not connected to the national gas grid, and cogeneration/power generation customers across France, Italy, Germany, Belgium, Bulgaria, and the Baltic region. Axègaz was the first company to obtain French ministerial approval for LNG distribution in 2012 and the first to receive LNE/MID certification for its LNG dispenser in September 2017, and it has held ISCC-EU certification for bio-LNG since August 2022. The firm has raised approximately €11.2 million in disclosed equity funding across 2015–2016 rounds (BPI France, 123Venture, Caisse des Dépôts et Consignations) and was awarded up to €27.8 million in EU CEF-Transport grant funding for the LNG Motion infrastructure project in 2016.

The company's technology stack centers on its proprietary LNG "satellite" system — a turnkey full-service installation comprising double-envelope cryogenic storage tanks maintaining LNG at -160°C, vaporization systems, odorant injection units, telemetry for remote inventory monitoring, and MID-certified dispensers. Its patented LNG Box is a compact (20–80 m³) pump-free LNG refueling station with fully automatic single-button operation, self-learning algorithms, and CE marking, available in private or public configurations. Bio-LNG (ISCC-EU certified) extends the offering into renewable fuels for both road and maritime applications. Axègaz holds direct in-tank or delivery access to LNG terminals at Fos, Montoir, Panigaglia, Rotterdam, and Klaipėda, plus EEX exchange access for indexed gas trading. The AXECARD branded fuel card provides access to 100+ partner stations across Europe.

Axègaz operates a capital-light hybrid revenue model combining (i) usage-based LNG supply indexed to European gas indices (TTF, PEG, PSV, ZTP) with optional fixed-price contracts up to three years, (ii) fixed monthly lease payments for satellite equipment over five-year contracts, (iii) one-time license and installation fees for LNG Box stations, (iv) transaction-based pricing through AXECARD, and (v) managed cogeneration services. GTM is direct enterprise field sales: technico-commercial engineers visit client sites, conduct feasibility studies, handle regulatory filings with prefectures, install satellites, and manage ongoing supply. Channel partnerships with LIQVIS, POLARGAS, CARGILL, and EPOP extend distribution; the company also acquired a 45% reference stake in Italian retailer EPOP Energia Popolare in January 2026. Customer base spans large industrial buyers (DUC Group, IFF, ENGIE, STAF), transport operators (Jacky Perrenot, Charles André), and bunker vessel operators (AVENIR).

Name

Axègaz

Legal name

AXEGAZ T&T

Website

https://axegaz.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

France-based small-scale LNG distributor founded in 2012, supplying liquefied natural gas and bio-LNG to industrial sites, transport/logistics operators, municipalities, and cogeneration customers across France and broader Europe via proprietary LNG satellites, the patented LNG Box, and AXECARD refueling network.

Ownership category

akta.pro rank

Headquarters

HQ city

Levallois-perret

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. LNG Supply and Delivery: Core revenue from supplying and delivering LNG (and bio-LNG) to industrial sites, local distribution networks, and transport operators via AXEGAZ's satellite infrastructure and the AXECARD refueling network.
2. Satellite GNL Leasing and Service Contracts: AXEGAZ invests in and owns the satellite equipment (cryogenic tank, vaporizer, odorizer) and invoices clients a fixed monthly lease (terme fixe mensuel) over a 5-year contract term. Includes full maintenance and automatic restocking.
3. LNG Refueling Station Solutions: Design, supply, and installation of LNG/CNG refueling stations (LNG Box compact stations and larger public stations) for transport customers and station operators, including maintenance and 24/7 support.
4. Cogeneration and Generator Solutions: Turnkey cogeneration unit installation with satellite LNG supply, with options for clients to operate directly or delegate operation to AXEGAZ in exchange for a production royalty.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels11 records

Core offering

Axègaz supplies liquefied natural gas (LNG) and bio-LNG to industrial sites, municipal gas networks and transport operators. It installs and finances on-site cryogenic storage and vaporization units (Satellite GNL), sells and operates the patented LNG Box compact refueling station, and provides access to a pan-European LNG/CNG refueling network via the AXECARD fuel card. The full-service model covers technical studies, financing, installation, regulatory filings, automatic restocking via telemetry, and 24/7 multilingual support.

Product overview

Axègaz (Axegaz T&T) is a French liquefied natural gas (LNG) supplier founded in 2012, offering a comprehensive portfolio of energy solutions. The core offering centers on GNL (Gaz Naturel Liquéfié) supply with integrated satellite installations, complemented by the AXECARD fuel card network for LNG/CNG refueling across Europe. Product portfolio includes: LNG Box (patented compact refueling stations), Bio-GNL (renewable biomethane), GNC (compressed natural gas), cogeneration and generator solutions, plus sector-specific solutions for industries, local gas networks, and transport fleets. The company operates across France, Italy, Bulgaria, and the Baltic region.

Differentiator

Problem solved

Functional benefit

Brands

• AXECARD: Dedicated fuel card for LNG and CNG truck refueling across the European station network. Provides access to 100+ stations with 24/7 self-service refueling, bi-weekly invoicing, and mobile app.
• LNG Box
• Bio-GNL

Products and services

• Satellite GNL (Full-Service LNG Satellite) Complete on-site LNG installation delivered and owned by Axègaz: cryogenic double-envelope storage tank at -160°C, vaporization system, odorant injection unit, telemetry for remote inventory monitoring and MID-certified dispenser. Provided on a turnkey, financed and automatically restocked basis for industrial sites and municipalities.
• LNG Box Compact Refueling Station Patented compact LNG refueling station for trucks, with cryogenic tank of 20–80 m³, pump-free design for reliability, MID-certified integrated dispenser, fully automatic single-button operation with self-learning algorithms, CE marking, on-demand LNG saturation and optional payment terminal; compatible with all truck brands (IVECO, Scania, Volvo).
• AXECARD Fuel Card Network Exclusive fuel card for LNG and CNG truck refueling, giving transport operators access to 100+ partner stations in France and across Europe with 24/7 self-service, biweekly invoicing, detailed fill statements, public tariffs and 24/7 multilingual support.
• Public LNG/CNG Refueling Stations Larger public LNG and CNG refueling stations with 60–80 m³ cryogenic tanks, multiple LNG and CNG dispensers, high-pressure pumps producing CNG from LNG, and integrated payment terminals, located on logistics platforms near major highways across France and Europe.
• CNG (Compressed Natural Gas) Supply Compressed natural gas (CNG) supply for vehicles with shorter autonomy requirements, aimed at captive municipal fleets (buses, waste-collection trucks) and short-haul transporters; distributed through Axègaz's station infrastructure and partner networks.
• Bio-GNL (Bio-LNG / Liquefied Biomethane) ISCC-EU certified renewable bio-LNG (liquefied biomethane) for trucks, industrial sites and maritime bunker vessels, supplied with green-gas certificates for full traceability of renewable origin and CO2 reduction.
• Industrial LNG Energy Solutions End-to-end LNG energy solution for industrial sites replacing fuel oil, LPG or diesel: technical study, satellite installation, supply, maintenance and regulatory filings, covering process heating, hot water, steam and facility heating.
• Transport GNL/GNC Solutions Complete LNG and CNG fuel solution for road transport fleets: needs assessment, refueling infrastructure, AXECARD network access and ongoing LNG/CNG supply, delivering 10–20% cost savings versus diesel with lower CO2 and pollutant emissions.
• Local Network (Communal Gas Distribution) Solutions Communal LNG-based gas distribution network solution for municipalities not connected to the national gas grid: satellite LNG terminal, gas pipeline network and supply, delivered together with local utilities and operators, with documented 25% CO2 reduction vs. fuel oil.
• Cogeneration Solutions Turnkey cogeneration unit combined with Axègaz's LNG satellite supply, enabling industrial sites to produce electricity and monetize waste heat (hot water, steam, dry air) with up to 40% cost savings vs. non-road diesel.
• Generator Set (Groupes Électrogènes) Solutions Temporary or permanent LNG-powered electricity generation solution for remote or off-grid locations: Axègaz installs an LNG satellite to supply generator sets, providing an economically competitive and cleaner alternative to non-road diesel with stable, indexed pricing.

Quantifiable outcome

• 10–30% energy cost savings vs. fuel oil, LPG, and diesel
• +7 more outcomes

Named customers7 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

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• EPOP Energia Popolare (Luce e Gas)coreStrategic or Co-development Partner · 1 January 2026AXEGAZ T&T became a reference investor in EPOP as part of a consortium acquiring 45% of EPOP's capital in January 2026. This strategic partnership supports EPOP's growth in the biomethane sector, aligning with AXEGAZ's vision for sustainable energy transition. AXEGAZ contributes its European LNG expertise.
• CARGILLcoreStrategic or Co-development Partner · 1 December 2025AXEGAZ T&T and CARGILL conducted a successful bio-LNG loading operation at KN Energies terminal in Klaipėda, Lithuania in December 2025, marking a key step in their Baltic region development and expanding access to renewable marine fuels in Europe. AXEGAZ sourced and supplied ISCC-certified bio-LNG loaded onto AVENIR's LNG bunker vessel.
• EPOP (Italy expansion)coreStrategic or Co-development Partner · 1 September 2025AXEGAZ T&T expanded into Italy through its strategic partnership with EPOP, acquiring a 45% stake in January 2026, with focus on biomethane and sustainable energy solutions in the Italian market.
• LIQVIScoreChannel Partner/ Reseller/ Distributor · 1 September 2024AXECARD acceptance expanded to LIQVIS stations in France (Reims, Bouc Bel Air near Marseille) and Germany (14 stations: Alsfeld, Bad Honnef, Berlin, Bönen, Fulda, Gotha, Hannover, Kassel, Lederhose, Leipzig, Magdeburg, Pfalzfeld, Salzbergen, Ulm) from September 2024. LIQVIS is a German LNG/CNG station operator. This partnership significantly expands AXECARD's European coverage.
• Station partners in Bulgaria (Ruse)minorChannel Partner/ Reseller/ Distributor · 1 March 2021AXECARD expanded into Bulgaria with two new stations in Ruse on the Danube (near the Romanian border) from March 2021, extending AXECARD coverage along key European transport corridors.
• POLARGAS (CPL CONCORDIA Group)coreChannel Partner/ Reseller/ Distributor · 1 November 2020POLARGAS (part of CPL CONCORDIA group) signed an agreement in November 2020 for exclusive AXECARD acceptance at POLARGAS LNG refueling stations in Italy. This extended AXECARD's reach into the Italian market.
• Charles AndrécoreChannel Partner/ Reseller/ Distributor · 1 April 2016The Charles André transport group launched the LNG Motion project with AXEGAZ T&T in April 2016, deploying LNG-powered trucks in partnership with AXEGAZ for fueling infrastructure.

Scale indicators6 records

Recent moves14 records

Expansion highlights6 records

Broad incumbents

• Fluxys: Belgian gas infrastructure operator with terminal and small-scale LNG operations including Zeebrugge, where Axegaz conducts bunkering; broader gas-storage and terminal infrastructure portfolio supplying European LNG distribution competitors and partners alike.
• Engie (ENGIE Global LNG): French multinational utility with substantial LNG trading, bunkering, and small-scale infrastructure operations across Europe; Axegaz delivered a turnkey LNG satellite to ENGIE's Mourmelon site in 2024, illustrating ENGIE's parallel LNG initiatives as both customer and competitor.
• Shell (Shell Global LNG): Global LNG major expanding small-scale LNG distribution and bio-LNG across Europe; broader portfolio but competes directly for industrial satellite supply and truck refueling contracts in the same markets where Axegaz operates.
• TotalEnergies (TotalEnergies Gas Renewables & Power): French multi-energy major with significant small-scale LNG distribution activities, including truck refueling networks and bio-LNG. Operates at vastly larger scale with deep balance sheet; a key competitor and source of partnership on terminal access across Europe.

Direct peers

• Ham Group (Hamworthy / HAM): Spanish propane and LNG supplier with a pan-European footprint in industrial gas, transport, and maritime bunkering; offers satellite-style on-site supply and operates its own LNG refueling network, comparable to Axegaz's Iberian-adjacent footprint.
• Molgas (MOLGAS Energía): Spanish LNG distributor specializing in industrial satellite supply and transport refueling; partner-station in AXECARD network with similar small-scale LNG business model, comparable technology, and Iberian truck-fueling footprint.
• Primagas: German LPG and bio-LPG/LNG distributor with industrial and transport customers; has explored bio-LNG as part of decarbonization offerings and competes for off-grid industrial supply in DACH, similar vertical and customer profile to Axegaz's industrial sites business.
• LIQVIS: German LNG/CNG refueling network operator and channel partner to AXECARD since 2024; operates 14+ stations in Germany. Comparable business model targeting the same LNG truck refueling segment, serves as both partner and competitor for cross-border customer accounts.
• Titan LNG: Dutch small-scale LNG distributor focusing on bunkering (marine and truck-to-ship) and industrial customers in Northwest Europe. Operates bunkering vessels and supplies bio-LNG with similar customer verticals to Axegaz, particularly Zeebrugge and ARA region.
• Gasum: Finnish-based Nordic LNG and biogas supplier operating a comparable small-scale LNG distribution model with bio-LNG (ISCC-certified), refueling stations, and industrial supply across Scandinavia. Closest analog to Axegaz at slightly larger scale and similar biogas transition strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights8 records

Customer concentration

• Xx.com/axegaz
• YouTubeyoutube.com/user/AXEGAZ/videos
• Facebookfacebook.com/Axegaz-Trading-Technologies-100171875392690
• LinkedInlinkedin.com/company/axegaz?trk=cws-cpw-coname-0-0

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors1 record

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 Axègaz