What Afriquia Gaz does

Afriquia Gaz is Morocco's leading distributor of liquefied petroleum gas (LPG), handling both butane and propane for domestic and professional end-markets. The company commercializes six brands — Afriquia Gaz, Tissir Gaz, Campingaz, Ultragaz, National Gaz, and Butafric — covering household, outdoor, and regional use cases across Morocco, and operates the country's largest LPG storage capacity at Jorf Lasfar. It distributes through three principal segments: Particuliers (households served via a national depositary network for bottled gas), Professionnels (hotels, restaurants, tourism, agriculture, poultry, and industrial clients served via bulk tanks, network gas, and on-site forklift fuel stations under the GPLC Afriquia brand), and Dépositaires (authorized distributors managed with the I-GAZ digital tool).

The core technology is LPG logistics and packaging rather than software: cylinder engineering (3 kg, 6 kg, 12 kg butane; 34 kg propane), bulk tank installations (500–1,000 L aerial and underground), pipeline network distribution to residential complexes, and product innovations including the clic-on regulator system and a permanently attached protective valve helmet. The I-GAZ platform provides digital inventory and order management for depositaries, and the company holds ISO 9001 (since 2007) and QHSE certifications supporting safety positioning in a high-trust product category.

Afriquia Gaz has been listed on the Casablanca Stock Exchange since 1999 and operates as a subsidiary of the Moroccan industrial conglomerate Akwa Group. The business model is a deposit-based bottled-gas sale (customers pay a bottle deposit and recurring gas refills), supplemented by one-time bulk tank and network installations and ongoing forklift fuel transactions. Most revenue derives from high-volume, low-ticket domestic LPG sales; enterprise exposure is spread across hospitality, agriculture, and industrial verticals rather than concentrated in named anchor accounts. Recent strategic activity — the December 2025 ten-year gas purchase agreement with Sound Energy for the Tendrara project, ongoing 2025 product launches, and continued trade-show presence in tourism and agriculture — indicates incremental vertical integration into gas supply and expansion of B2B verticals beyond the household base.

Name

Afriquia Gaz

Legal name

Afriquia Gaz

Website

https://afriquiagaz.com

Company type

Public

Founded year

1999

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Afriquia Gaz is Morocco's leading LPG distributor (butane and propane), operating six brands and the country's largest storage capacity to serve households, professional clients (hospitality, agriculture, industry), and a national depositary network. Listed on the Casablanca Stock Exchange and subsidiary of Akwa Group.

Ownership category

akta.pro rank

Product category

LPG Distribution

NAICS

Natural Gas Distribution (22121), Petroleum Bulk Stations and Terminals (424710), Fuel Dealers (45721)

SIC

Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172), Natural Gas Distribution (4924)

akta.pro primary industry

LPG / Propane-Butane Products Pipeline Transportation (TLAGABAH)

akta.pro secondary industries

NGL/LPG Distribution / Local Delivery Pipelines (Terminal-to-Market) (TLAGAEAJ), NGLs & LPG Trading & Marketing (EUAGAAAE), Gas Distribution Operations (Day-to-Day Field & System Operations) (EUAJAAAB)

Keywords

• Liquefied petroleum gas
• Butane and propane distribution
• LPG cylinders and tanks
• Energy distribution services
• Residential and industrial gas

Headquarters

HQ city

Casablanca

HQ country

Morocco

HQ region

Africa

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Supply Chain, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. LPG Product Sales (Bottles): Sale of liquefied petroleum gas (butane and propane) in bottled form. Products include 3kg, 6kg, and 12kg butane bottles (red for Afriquia Gaz brand, blue for Tissir Gaz), and 34kg propane bottles. Revenue generated through sale of gas content and bottle deposits.
2. LPG Bulk Sales (Tanks/Citers): Sale of propane in bulk through underground and above-ground tanks (citernes) for professional and residential complex use. Also includes propane network solutions for multi-user residential and tourist complexes with meter-based billing.
3. GPL Carburant (Fuel LPG): LPG fuel sales for forklifts and industrial vehicles through GPLC Afriquia brand stations. First in Moroccan market for on-site LPG fuel stations for material handling equipment.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Afriquia Gaz is Morocco's leading distributor of liquefied petroleum gas (LPG), supplying butane and propane to households and businesses under six commercialized brands (Afriquia Gaz, Tissir Gaz, Campingaz, Ultragaz, National Gaz, Butafric). The company sells bottled gas in 3kg, 6kg, 12kg, and 34kg formats, delivers bulk propane via aerial/underground tanks (500L-1000L), provides piped network gas for residential/tourist complexes, and operates the GPLC Afriquia LPG fuel service for forklifts and industrial vehicles.

Product overview

Afriquia Gaz is Morocco's leading LPG (Liquefied Petroleum Gas) distributor, offering a diversified portfolio of six commercialized brands: Afriquia Gaz, Tissir Gaz, Campingaz, Ultragaz, National Gaz, and Butafric. The company provides both butane and propane gas in multiple formats including cylinders (3kg to 34kg), tanks (aerial and underground 500L-1000L), and piped network systems. The product portfolio includes innovative solutions like the new generation Tissir Gaz bottle with clic-on valves, protective helmets for valve protection, and GPLC Afriquia for forklift fuel. Services are organized for three segments: individuals (Particuliers), professionals (Professionnels), and partners (Partenaires), with specialized solutions for energy efficiency, bulk gas delivery, and installation support. The company operates the largest storage capacity in Morocco and provides 24/7 customer support.

Differentiator

Problem solved

Functional benefit

Brands

• GPLC Afriquia: GPL Carburants brand launched for forklift fuel station - first of its kind in Moroccan market
• I-GAZ

Products and services

• GPL Butane (Bottled Butane Gas) Butane gas in 3kg, 6kg, and 12kg cylinders marketed under Afriquia Gaz (red) and Tissir Gaz (blue) brands. Designed for low-consumption domestic use such as household cooking, heating, and hot water; stored indoors with no gas emissions. New generation Tissir Gaz bottles include clic-on valve and ergonomic protective helmet.
• GPL Propane (Bottled Propane Gas) Propane gas in 34kg blue cylinders for intensive use requiring higher pressure; stored outdoors. Sold under the company's six commercialized brands for residential and professional applications.

Quantifiable outcome

• 30% market share in oriental region through National Gaz acquisition
• +1 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Sound Energy PLCcoreStrategic or Co-development Partner · 8 December 2025Ten-year gas sales agreement with Sound Energy PLC for the Tendrara gas project in Morocco. Afriquia Gaz will purchase gas from the project which includes a micro-LNG plant. Initial gas flow has entered the system and LNG revenue expected to begin in late Q1 or Q2 2026.
• TIBU MarocminorStrategic or Co-development PartnerPartnership with TIBU Maroc association to open a basketball and youth development center in Inzegane (Tibu By Afriquia Gaz). Center offers sports and educational programs for youth aged 8-12 including basketball, English lessons, leadership courses, and sports awareness.
• Akwa GroupcoreOthersAfriquia Gaz is a subsidiary (filiale) of Akwa Group, a major Moroccan industrial group. Akwa Group provides corporate umbrella and likely shared services across its portfolio companies.

Scale indicators3 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Butagaz: Butagaz is a leading French bottled LPG distributor serving residential and professional customers via depot and direct channels. Highly comparable to Afriquia Gaz in business model (cylinder/bulk LPG for cooking and heating) and target segments.
• Antargaz: Antargaz is a major French LPG distributor (UGI-owned) offering bottled, bulk, and networked propane solutions to households and businesses across France. Directly comparable to Afriquia Gaz across product format, customer mix, and distribution economics.
• SHV Energy: SHV Energy is the world's largest privately-held LPG distributor (parent of Primagaz, Calor, ITO, Ecofuel, Supergasbras among others). Directly comparable to Afriquia Gaz as a multi-brand, multi-country LPG distribution platform with cylinder, bulk, and network delivery models.
• Calor Gas: Calor Gas is the leading LPG distributor in the UK and Ireland, part of SHV Energy, selling bottled and bulk LPG to homes, businesses, and industrial users. Closely comparable in business model (cylinder deposits, bulk tanks, professional accounts).
• Suburban Propane Partners: Suburban Propane is a US-based publicly-listed propane distributor selling cylinder, bulk, and fuel oil to residential, commercial, industrial, and agricultural customers. Strongly comparable to Afriquia Gaz in bottling/depot distribution model and customer mix.
• AmeriGas Partners: AmeriGas is the largest propane distributor in the United States (UGI Corporation subsidiary), serving millions of residential and commercial customers via cylinder and bulk deliveries. Comparable as a publicly-listed, multi-region LPG distribution specialist.
• Primagaz: Primagaz is a French LPG distributor, now an SHV Energy subsidiary, selling butane and propane cylinders, tanks, and grid-network solutions. Comparable to Afriquia Gaz as a multi-format LPG distributor with residential and professional customers.

Broad incumbents

• Repsol: Repsol is a Spanish integrated energy major with a significant LPG (butane and propane) distribution business in Iberia and Latin America alongside refining, marketing, and renewables. Comparable on the LPG side as a broad multi-energy incumbent with cylinder distribution.
• TotalEnergies: TotalEnergies is a global integrated energy major with LPG marketing and distribution operations across Europe, Africa, and emerging markets. Overlaps with Afriquia Gaz on LPG cylinder/bulk sales and B2C/B2B energy distribution.
• BP Gas (BP Marketing): BP is a global integrated energy major with LPG marketing/distribution and gas-flared monetization activities, including historically Butagaz operations in France. Overlaps with Afriquia Gaz on the wholesale and marketing of LPG products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

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 Afriquia Gaz