Primagas
Primagas Energía S.A.U. is a Barcelona-based, SHV Energy–owned distributor of LPG, biopropano, and LNG serving 20,000+ residential, hospitality, industrial, agricultural, and mobility customers across Spain through bulk, canalized, bottled, and autogas supply formats.
- Company typePrivate
- Founded1996
- HeadquartersBarcelona, Spain
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Primagas does
Primagas Energía S.A.U. is a Spanish energy distribution company headquartered in Barcelona that specializes in LPG (propane), biopropano, and LNG for residential, hospitality, industrial, agricultural, and mobility customers located outside the natural gas grid. Founded in 1996 as a subsidiary of Dutch family-owned SHV Energy — the world's largest LPG distributor — Primagas operates a portfolio that includes bottled, bulk, and canalized propane formats, LNG for high-demand industrial and port-logistics users, autogas vehicle fuel through partner service stations, and a renewable biopropano product sourced from Total. The company runs five owned storage and distribution facilities, including the Koalagas maritime terminal at Puerto de Barcelona (100% owned since October 2021), and serves over 20,000 customers through direct field sales, inside sales, and a network of more than 100 certified installer partners across Spain.
The business operates on a usage-based revenue model, charging customers per kilogram of gas consumed, complemented by recurring subscriptions for canalized supply and the Primaconfort service. Pricing is bifurcated between Spain's regulated market (for canalized supply and 11 kg bottles, with prices set by the State and published in the BOE) and the liberalized market (for bulk and 35 kg bottles, with negotiated fixed or variable prices). Primagas's proprietary Telemedida remote tank monitoring system triggers automatic refills, creating operational switching costs and supporting retention. The company has pioneered biopropano commercialization in Spain since September 2020 under exclusive Total/SHV Energy supply, and in December 2020 added electricity supply via Aldro Energía to enable bundled multi-energy offerings.
Strategically, Primagas has pursued growth through a combination of inorganic expansion — most notably the 2019 acquisition of Galp's bulk and canalized LPG portfolio that grew customers from ~13,000 to 20,000+ — and organic product extension into renewable and LNG segments. The company's competitive position rests on its nationwide installer network, owned maritime and inland storage infrastructure, first-mover advantage in biopropano, and the backing of SHV Energy's group-scale procurement and brand. Primary risks include exposure to LPG commodity price volatility, regulatory shifts in Spain's energy market, the carbon-transition trajectory for fossil-based gases, and competitive pressure from larger Spanish incumbents.
Primagas firmographics
Firmographics- Name
- Primagas
- Legal name
- PRIMAGAS ENERGÍA S.A.U.
- Website
- https://primagas.es
- Company type
- Private
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Primagas Energía S.A.U. is a Barcelona-based, SHV Energy–owned distributor of LPG, biopropano, and LNG serving 20,000+ residential, hospitality, industrial, agricultural, and mobility customers across Spain through bulk, canalized, bottled, and autogas supply formats.
- Ownership category
- akta.pro rank
Primagas industry classification
Industry- Product category
- LPG and Natural Gas Distribution
- NAICS
- Natural Gas Distribution (22121), Natural Gas Distribution (2212), Natural Gas Distribution (221210)
- SIC
- Natural Gas Distribution (4924), Natural Gas Transmisison & Distribution (4923)
- akta.pro primary industry
- Aggregator/Brokered Natural Gas Sales (Brokers, Marketers, Aggregators) (EUAAADAF)
- akta.pro secondary industries
- Industrial Gas Infrastructure & Metering (Onsite Storage, PRS, Metering, SCADA) (EUALALAH), Gas Processing Plant Equipment & Skids (Separators, Heat Exchangers, Turboexpanders) (EUAAABAH)
Keywords
Where Primagas is headquartered
LocationHeadquarters
- HQ city
- Barcelona
- HQ country
- Spain
- HQ region
- Europe
Offices7 records
Markets served
Primagas business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- LPG/Propano Bulk Supply (a granel): Bulk LPG supplied via installed tanks to residential and business customers. Customers pay per kg consumed. Includes automatic delivery based on remote tank monitoring.
- LPG/Propano Packaged (envasado): LPG sold in cylinders/bottles (11 kg and 35 kg) to customers with lower consumption needs or as supplementary supply.
- LPG Canalizado (Piped/Canalized): Piped LPG supply through a central tank and canalization system serving communities of users.
- LNG (GNL) Supply: Liquefied Natural Gas supplied in tanks to large industrial consumers with high energy demands not connected to the natural gas grid.
- Biopropano Supply: Renewable propane sold as a premium sustainable alternative to conventional propane, priced at a fixed rate.
- Autogas (Vehicle LPG): LPG sold as vehicle fuel through partner service stations for transport and clean mobility.
- Installation and Maintenance Services: Installation of tanks, gas systems, and ongoing maintenance services. Free installation offered under promotional offers for new customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Fixed Price Offer for Horeca / New Business Customers |
| Usage-based | Pay-as-you-go | Liberalized Market Pricing (Bulk and 35 kg bottles) |
| Usage-based | Pay-as-you-go | Regulated Market Pricing (Canalized and 11 kg bottles) |
| Subscription | Monthly | Biopropano Premium Tier |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
Primagas product offering
Product offeringCore offering
Primagas distributes LPG (propane), renewable biopropane, and liquefied natural gas (LNG) to residential, commercial, industrial, hospitality, and agricultural customers across Spain, particularly in areas not connected to the natural gas grid. The company supplies gas in bulk (a granel), bottled (envasado, 11 kg and 35 kg cylinders), and canalized (piped) formats, plus autogas for vehicle fleets, and provides installation, maintenance, and energy-savings certificate (CAE) services under the Primagas Energía brand.
Product overview
Primagas is a Spanish gas distribution company specializing in LPG (Liquefied Petroleum Gas), biopropane, and LNG (Liquefied Natural Gas) solutions for both residential and business customers in areas outside the natural gas network. The company offers a comprehensive portfolio including Gas Propano (GLP), Biopropano (renewable propane), Gas Natural Licuado (GNL), and Autogas for vehicles. Products are supplied in three formats: bottled/cylinders (Propano Envasado), bulk tank (Propano a Granel), and piped/channeled systems (Propano Canalizado). Primagas provides these through its digital platform including the Nueva Área Cliente portal for online management, plus the CAE (Certificados de Ahorro Energético) service for energy efficiency certificates. The company is a subsidiary of SHV Energy, operating across Spain since 1996.
Differentiator
Problem solved
Functional benefit
Brands
- Biopropano: Renewable energy product — 100% sustainable propane derived from organic materials, reducing CO2 emissions by up to 80% compared to conventional propane. Commercialized exclusively in Spain by Primagas since September 2020.
- Autogas
Products and services
- Gas Propano (LPG)
- Biopropano (Renewable Propane)
- Gas Natural Licuado (GNL / LNG)
- Autogas
Quantifiable outcome
- CO2 reduction of up to 80% with biopropano vs conventional propane
- +7 more outcomes
Companies that use Primagas
Customer profileNamed customers10 records
Segments6 records
Ideal customer profiles6 records
Primagas technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Primagas partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered minor, core and flagship.
- Decal EspañaminorDecal España was the joint venture partner owning 50% of Koalagas gas storage facility at Puerto de Barcelona. Primagas acquired the remaining 50% in October 2021, taking 100% ownership of the strategic gas storage installation.
- Aldro EnergíacoreStrategic collaboration agreement signed in December 2020. Aldro provides its electricity supply (including Aldro Zero 100% renewable energy) to Primagas customers, enabling an integrated energy offering of electricity and gas. Aldro simultaneously gains access to Primagas's propane, biopropano, and LNG products to offer to its own customers without access to the natural gas grid. This was Primagas's first electricity supply partnership, closing the loop on comprehensive energy provision.
- Divergent EnergyflagshipPioneering collaboration at Puerto de Cádiz to generate electricity from LNG for refrigerated trucks. Primagas supplies LNG; Divergent provides patented technology to convert LNG to electricity without cable infrastructure; benefiting operators Grupo Mazo, Trasmediterránea Logística, and Acotral. Reduces port CO2 emissions by 60%, NOx by 90%, and completely eliminates SOx and particulate emissions. A 20-year patent was filed for this technology.
- Total (for biopropano supply)coreTotal, as a global pioneer in advanced biofuel development and major player in low-carbon energy, produces the biopropano commercialized exclusively by Primagas in Spain. Biopropano is manufactured in France and supplied through SHV Energy.
- CBREminorCBRE, the leading international real estate consultancy, managed the leasing operation between Primagas and First Workplaces for the flex space offices at Torre Tarragona, Barcelona.
- First WorkplacesminorFlex space operator at Torre Tarragona, Barcelona, providing customized flex office space for Primagas's approximately 60 employees from July 2020.
- Garrigues (legal counsel)minorGarrigues law firm represented SHV Energy and Primagas in the 2019 acquisition of Galp's bulk and canalized LPG portfolio in Spain.
Scale indicators7 records
Recent moves7 records
Expansion highlights6 records
Primagas competitors and assessment
Company assessmentBroad incumbents
- BP: Global energy major with LPG and autogas distribution activities in Spain and Europe; competes with Primagas in vehicle LPG and bulk supply to industrial customers as part of a much broader downstream portfolio.
- SHV Energy: Parent group of Primagas and the world's largest LPG distributor (30M+ customers, 26+ countries, 14,000+ employees) — sister brands include Calor Gas, Primagaz, Liquigas, Ipragaz, and Supergasbras, operating in adjacent national LPG markets.
- Naturgy: Spain's largest natural gas distribution utility and broader energy incumbent; competes with Primagas wherever the natural gas grid reaches and represents the long-term competitive substitute for LPG in Primagas's rural/semi-rural territories.
- TotalEnergies: Global integrated energy major and the supplier of biopropane to Primagas under their Spain-exclusive partnership — overlaps with Primagas in LPG/biopropane supply, autogas distribution, and increasingly in integrated multi-energy offerings.
Direct peers
- Cepsa: Spanish integrated energy company with a substantial LPG and autogas distribution business, competing head-to-head with Primagas in bulk and canalized LPG, autogas service stations, and industrial gas supply.
- Butagaz: Major French LPG distributor (now owned by Compagnie Industrielle de Pétroles) supplying propane in bulk and bottles to residential and business customers — directly comparable product offering and customer mix to Primagas.
- Primagaz: SHV Energy's flagship French LPG brand offering bulk propane, cylinders, and canalized supply — sister company to Primagas with the same operating playbook, product portfolio, and parent backing in a neighboring market.
- Galp: Portuguese-headquartered energy company that previously operated LPG distribution in Spain via the bulk and canalized portfolio Primagas acquired in 2019 — making Galp a direct former peer with overlapping customer and asset profile.
- Repsol Butano: Spain's dominant LPG distributor under Repsol, offering bulk propane, bottled butano, and canalized LPG to residential and commercial customers — directly competing with Primagas for the same end customers across Spain.
Others
- Aldro Energía: Spanish renewable electricity retailer that signed a strategic collaboration with Primagas in December 2020 to cross-sell integrated gas + electricity offerings — adjacent peer reflecting the integrated-energy competitive set Primagas is moving into.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Primagas social profiles
Digital presencePrimagas financial estimates
Financial estimateRevenue estimate
Valuation estimate
Primagas leadership team
Management profileNumber of profiles
Profiles5 records
Primagas subsidiaries and ownership
Company hierarchySubsidiaries1 record
Primagas funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Primagas M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Primagas
What does Primagas do?
Primagas distributes LPG (propane), renewable biopropane, and liquefied natural gas (LNG) to residential, commercial, industrial, hospitality, and agricultural customers across Spain, particularly in areas not connected to the natural gas grid. The company supplies gas in bulk (a granel), bottled (envasado, 11 kg and 35 kg cylinders), and canalized (piped) formats, plus autogas for vehicle fleets, and provides installation, maintenance, and energy-savings certificate (CAE) services under the Primagas Energía brand.
Is Primagas a public or private company?
Primagas is a private company. It is classified as corporate owned and is currently operating.
When was Primagas founded?
Primagas was founded in 1996. It employs 51 to 100 people.
Where is Primagas based?
Primagas is headquartered in Barcelona, Spain, in the Europe region.
How does Primagas make money?
Seven revenue lines are on record. LPG/Propano Bulk Supply (a granel) is the primary driver. The others are LPG/Propano Packaged (envasado), LPG Canalizado (Piped/Canalized), LNG (GNL) Supply, biopropano Supply, autogas (Vehicle LPG) and installation and Maintenance Services.
Who are Primagas's main competitors?
Broad incumbents on record are BP, SHV Energy, Naturgy and TotalEnergies. Direct peers are Cepsa, Butagaz, Primagaz, Galp and Repsol Butano. Aldro Energía is listed as an others.
Does Primagas have an API?
No public API is recorded for Primagas.
What industry is Primagas in?
Primagas's product category is LPG and Natural Gas Distribution. Its primary akta.pro industry code is EUAAADAF, Aggregator/Brokered Natural Gas Sales (Brokers, Marketers, Aggregators), with a secondary code of EUALALAH, Industrial Gas Infrastructure & Metering (Onsite Storage, PRS, Metering, SCADA). Its NAICS code is 22121 and its SIC code is 4924.