What NEOgas does

NEOgás (legal entity NEOGÁS DO BRASIL) is a Brazilian compressed natural gas (CNG) distribution company that delivers natural gas to industrial, vehicular and remote-customer sites that lie outside the reach of pipeline infrastructure. Founded around 2000 and headquartered in Rio de Janeiro, the company operates a manufacturing facility in Caxias do Sul for proprietary equipment and runs its own trailer fleet plus a network of strategically located compression and decompression bases across Brazil. It was the first firm in Brazil authorized by the ANP to distribute compressed natural gas and is positioned as a pioneer and Latin American leader in off-pipeline CNG solutions, with additional project history in Mexico, Colombia and the United States.

The company's technology stack centers on patented HPU (Hydraulic Power Unit) and RCU (Reduction and Control Unit) hardware, supported by three proprietary software systems: NEOSAT 4.0 for 24/7 monitoring and telemetry, NEOTRANS for fleet logistics, and NEOSERVICE for preventive and corrective maintenance. Service lines cover industrial customers (ceramics, steel, pulp and paper, textile, food and beverage, pharmaceutical, mechanical metal), vehicular customers (gas station networks, fleet operators, rental companies, app drivers), special/custom projects (pipeline maintenance coverage, equipment commissioning), and microgrid infrastructure projects (MIP) that extend natural gas access to unserved municipalities in partnership with state distributors. NEOgás also transports biomethane produced from organic waste in partnership with major Brazilian biomethane producers, extending the platform into renewable gas logistics.

NEOgás generates revenue through recurring CNG supply contracts paid on a post-consumption basis, complemented by hardware sales of custom equipment, managed logistics services for biomethane, and joint infrastructure projects with state gas distributors. The company sells primarily through direct enterprise sales and operates a 24/7 support and control room, a 0800 contact line, and a multi-language corporate website. Following completion of its acquisition by Ultragaz (a Grupo Ultra company and one of Brazil's largest LPG distributors, serving more than 58,000 business customers), NEOgás is being integrated into Ultragaz's broader energy portfolio.

Name

NEOgas

Legal name

NEOGÁS DO BRASIL

Website

https://neogas.com.br

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

101–250 employees

Short description

NEOgás is a Brazilian compressed natural gas distributor, the first ANP-authorized CNG operator in Brazil and Latin American pioneer in off-pipeline gas. It serves industrial, vehicular and remote-municipality customers via proprietary HPU/RCU equipment, owned trailer fleet, and biomethane logistics, now owned by Ultragaz.

Ownership category

akta.pro rank

Product category

Compressed Natural Gas Distribution

NAICS

Natural Gas Distribution (22121), Natural Gas Distribution (2212), Natural Gas Distribution (221210)

SIC

Natural Gas Distribution (4924), Oil & Gas Field Machinery & Equipment (3533), Oil & Gas Field Services, Nec (1389), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Industrial CNG/LNG Supply & Distribution (Virtual Pipelines, Trucking, Satellite Storage) (EUALALAA)

akta.pro secondary industries

CNG/LNG Refueling for Industrial Fleets (Private Stations, Yard Fueling) (EUALALAK), Gas-to-Power Project Development (IPP/CPP, Permitting, Financing) (EUALALAC), Biogas / Renewable Natural Gas (RNG) Gathering Systems (TLAGAJAH)

Keywords

• Compressed natural gas distribution
• Off-pipeline gas supply
• Industrial CNG solutions
• Vehicular natural gas fueling
• Biomethane transportation services

Headquarters

HQ city

Caxias Do Sul

HQ country

Brazil

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Compressed Natural Gas (CNG) Distribution: Distribution of compressed natural gas to industrial customers, gas stations, and other distribution points using proprietary fleet of trailers. Gas is compressed at compression stations located in areas with pipeline network access, then transported and delivered to final customers.
2. Vehicular Natural Gas (GNV/CNG) Supply: Supply of CNG to gas station networks for vehicle fueling, from light vehicles to heavy duty vehicles. Includes continuous supply, preventive maintenance, and equipment like HPU for efficient dispensing.
3. Custom Equipment and Project Solutions: Design, installation, testing, operation and maintenance of CNG systems and components. Customized projects for special demands including pipeline maintenance coverage, equipment commissioning, and anticipation of pipeline arrival.
4. Biomethane Transportation: Transportation of biomethane produced from organic waste decomposition to different locations and customers, in partnership with major biomethane producers in Brazil.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

NEOgas distributes compressed natural gas (CNG) and biomethane to locations without access to gas pipeline infrastructure, serving industrial customers (ceramics, steel, pulp and paper, textile, food and beverages, pharmaceutical, mechanical metal), vehicular customers (gas station networks, fleet operators, rental companies, app drivers), municipalities via microgrid projects, and clients with special project needs. The company operates compression bases and an owned trailer fleet for direct delivery, supported by proprietary patented equipment (HPU and RCU) and proprietary monitoring systems (NEOSAT 4.0, NEOTRANS, NEOSERVICE) for 24/7 operations control.

Product overview

NEOgas offers a unified portfolio of compressed natural gas (CNG) distribution solutions for locations without pipeline access, comprising four core service lines (Industrial Market, Vehicular Market, Special Projects, and Microgrid Infrastructure Projects) supported by proprietary patented equipment (HPU and RCU) and integrated technology systems (NEOSAT 4.0, NEOTRANS, NEOSERVICE). The company delivers both natural gas and biomethane as energy products, positioning itself as a complete value chain provider from compression bases through final delivery.

Differentiator

Problem solved

Functional benefit

Products and services

• Industrial Market CNG Distribution (Mercado Industrial) Distribution of compressed natural gas to industries located outside the reach of gas pipeline networks, used as raw material, fuel, or energy source (heat generation, cogeneration, steel reduction). Includes project analysis, engineering studies, installation, supply, and maintenance.
• Vehicular Market CNG Supply (Mercado Veicular) Supply of compressed natural gas (GNV/CNG) to gas station networks, fleet operators, rental companies, and app-based drivers for vehicle fueling, from light to heavy-duty vehicles, with continuous supply and preventive maintenance using HPU equipment.
• Special Projects (Projetos Especiais) Customized CNG solutions for clients with specific characteristics and demands, including pipeline maintenance interruption coverage, equipment commissioning, and anticipation of pipeline arrival. Includes design, installation, testing, operation and maintenance of CNG systems.
• Microgrid Infrastructure Projects (Projetos Estruturantes / MIP) Partnership with state/local gas distributors to serve municipalities and remote regions not covered by gas pipeline networks. Joint design and implementation of decompression bases and low-pressure distribution networks delivering natural gas to homes, hospitals, hotels, shopping centers, and industries.
• HPU (Hydraulic Power Unit) - Patented Equipment Patented hydraulic equipment that maintains constant flow and pressure during CNG supply, enabling gas stored in trailers to flow to vehicle cylinders without recompression and allowing up to 95% offload of stored gas.
• RCU (Reduction and Control Unit) - Patented Equipment Patented industrial equipment that controls natural gas supply at customer-determined pressure and temperature, reducing pressure from storage cylinders for use in industrial processes and/or secondary pipeline networks. Features remote monitoring, continuous process with redundancy, and adaptability to project size.
• Biomethane Transportation (Biometano) Transportation of biomethane produced from organic waste decomposition to different locations and customers, in partnership with major biomethane producers in Brazil. Biomethane is composed of over 90% methane and is equivalent to natural gas.

Quantifiable outcome

• 20-23% less CO2 than fuel oil and 40-50% less than solid fuels
• +5 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered minor and core.

• FSB ComunicaçãominorGTM or Marketing PartnerFSB Comunicação is NEOgas's designated press agency for media relations. Journalists and media outlets contact FSB for press inquiries at (11) 3165-9596 or via email. FSB handles all press communications and media requests for the company.
• State Gas DistributorscoreStrategic or Co-development PartnerPartnership with state/local gas distributors for microgrid infrastructure projects (MIP). These partnerships identify municipalities and regions to serve, then jointly design decompression units and network sizing according to volume requirements within safety standards. Central decompression bases serve as foundation for delivering natural gas to homes, hospitals, hotels, shopping centers, and industries.
• Major Biomethane Producers in BrazilcoreStrategic or Co-development PartnerPartnership with major biomethane producers in Brazil for transportation of biomethane to different localities and customers. Biomethane is produced from biogas through decomposition of organic waste, with purification resulting in a gas composed of over 90% methane, equivalent to natural gas. NEOgas provides logistics and delivery services for these producers.
• Ultragaz (Parent Company)coreOthersUltragaz, part of Grupo Ultra, completed the acquisition of NEOgas and is advancing with the business integration plan. Ultragaz has been operating since 1937, is a leader in bulk LPG distribution serving over 58,000 business customers across industry, services, agribusiness, and other segments.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• American Natural Gas (ANG): US CNG station developer and supplier for fleet and industrial customers, focused on off-pipeline deployment. Comparable in business model and customer profile to NEOgas's vehicular and industrial segments.
• Chart Industries: Global manufacturer of cryogenic and gas-handling equipment used in CNG/LNG distribution and storage. Comparable as the technology/equipment layer behind NEOgas's HPU and RCU-based delivery infrastructure.
• Clean Energy Fuels Corp: US-based provider of CNG and LNG for heavy-duty trucking and fleet customers. Closest public-market analogue to NEOgas's vehicular market and virtual pipeline delivery model.
• Compass Natural Gas: US operator of virtual natural gas pipelines using compressed gas transport to serve off-pipeline industrial customers. Direct functional equivalent to NEOgas's industrial CNG distribution business.

Emerging players

• OPAL Fuels: US RNG and CNG station operator with a renewable natural gas production base. Comparable to NEOgas's biomethane logistics partnership strategy and vehicular CNG station footprint.
• Brightmark RNG: US developer of biogas-to-RNG projects with logistics partnerships for distribution. Comparable to NEOgas's biomethane transportation partnership line of business.
• Xebec Adsorption: Canadian provider of RNG upgrading and gas processing equipment. Comparable through overlap with NEOgas's biomethane and gas treatment infrastructure focus.

Broad incumbents

• Comgás: Brazil's largest natural gas distribution utility serving São Paulo state via pipeline networks. Comparable as the incumbent Brazilian gas distributor NEOgas partners with for microgrid projects and competes against in served areas.
• White Martins (Linde): Brazil's leading industrial and medical gases supplier, part of Linde group. Comparable as a large established industrial-gas player in Brazil serving overlapping industrial customers with cylinder and bulk gas delivery.

Regional players

• Gás Natural Fenosa / Naturgy Brazil: Brazilian subsidiaries of Naturgy operating natural gas distribution concessions in multiple states. Comparable as the incumbent gas utilities NEOgas interfaces with as both potential partners and competitive forces in the Brazilian gas value chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/NEOgasBrasil
• LinkedInlinkedin.com/company/neogas

Revenue estimate

Valuation estimate

Number of profiles

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 NEOgas