JetGas

What JetGas does

JetGas OÜ is a privately held Tallinn-headquartered energy company, founded in 2013 as the first Baltic provider of LNG as an alternative to heavy oils, shale oil, coal, and LPG. The company supplies LNG and BioLNG (liquefied biomethane) to industrial facilities, cogeneration plants, logistics centers, heavy-transport operators, district-heating utilities, and ports across Estonia, Latvia, Lithuania, Poland, and the broader Central and Eastern Europe region, operating through branch offices JetGas SIA (Latvia) and JetGas UAB (Lithuania). Its core technology is cryogenic — natural gas cooled to approximately -160°C, shrinking ~600× in liquid form — enabling efficient storage (e.g., a 60 m³ tank holds 32,400 normal cubic meters) and transport (an 18-ton cryogenic tanker delivers over 24,000 normal cubic meters per load).

JetGas operates an integrated fuel-and-infrastructure business model combining (a) wholesale volume-based LNG and BioLNG deliveries via its own cryogenic tanker fleet, (b) one-time turnkey construction of LNG regasification stations, LNG/LCNG/CNG vehicle refueling stations, and internal gas pipeline installations, and (c) managed-service offerings including temporary/mobile LNG supplies, equipment rental, and ship bunkering in ports. The FIT 55 by JetGas sub-brand extends the portfolio into renewable fuels (BioLNG, BioCNG, BioJet Blend), positioned around EU RED II and RED III compliance and CO₂ certificate monetization. Go-to-market is enterprise field sales with named regional managers (Janek Parkman for the Baltics, Piotr Bogatek for Poland/EU), targeting industrial, transport, municipal, and infrastructure clients across the CEE region. Revenue is generated through usage-based fuel sales, project-based infrastructure construction, and managed-service contracts; no public pricing or revenue figures are disclosed.

Name

JetGas

Legal name

JetGas OÜ

Website

https://jetgas.eu

Company type

Private

Founded year

2013

Operating status

Operating

Short description

JetGas supplies LNG, BioLNG, and turnkey cryogenic gas infrastructure (regasification stations, refueling stations, ship bunkering) to industrial, transport, district-heating, and port customers across the Baltic states, Poland, and CEE, using its own cryogenic tanker fleet.

Ownership category

akta.pro rank

Product category

Industrial LNG and BioLNG Energy Solutions

NAICS

Fuel Dealers (45721)

SIC

Wholesale-Petroleum Bulk Stations & Terminals (5171)

akta.pro primary industry

LNG Import/Export Terminals & Storage (Regas, Peak Shaving, Small-Scale LNG) (EUALAEAD)

akta.pro secondary industries

LNG Storage Tanks & Terminal Operations (EUAAACAG), Liquefied Gas Transport (LNG/LPG/Ammonia) (TLADALAC), LNG Import/Export Terminals (Liquefied Natural Gas) (TLAHABAL)

Keywords

• LNG fuel supply
• BioLNG biomethane
• Cryogenic gas transport
• LNG regasification stations
• Vehicle refueling infrastructure

Headquarters

HQ city

Tallinn

HQ country

Estonia

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. LNG and BioLNG Wholesale Deliveries: Wholesale deliveries of LNG and BioLNG fuel to industrial facilities, cogeneration plants, logistics centers, heavy transport operators, and for ship bunkering. Revenue generated from volume-based fuel sales.
2. Turnkey LNG Infrastructure Projects: Design and construction of LNG regasification stations, vehicle refueling stations (LNG/LCNG), and internal gas installations. One-time project revenue for station construction.
3. Temporary LNG Supplies: Mobile LNG gas deliveries with regasification infrastructure during gas network maintenance or temporary supply needs. Includes rental of LNG equipment with or without fuel deliveries.
4. BioLNG and BioCNG Products: Renewable gas products (BioLNG/LBM, BioCNG/LBG) enabling clients to achieve negative CO₂ emissions and obtain CO₂ certificates for financial and image benefits.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

JetGas supplies LNG and BioLNG (liquefied biomethane) fuel to industrial facilities, cogeneration plants, logistics centers, heavy transport operators, and for ship bunkering. The company also designs and builds turnkey LNG regasification stations and LNG/LCNG/CNG vehicle refueling stations, provides temporary mobile LNG supply with regasification infrastructure, and delivers its own cryogenic tanker logistics across the Baltic region, Poland, and the wider CEE market.

Product overview

JetGas is an integrated LNG and BioLNG energy solutions provider offering a unified portfolio of fuel products and supporting infrastructure services. The core offerings include BioLNG (LBM) and LNG as primary fuel products, supported by a green product line called FIT 55 by JetGas featuring BioJet Blend solutions. Infrastructure services encompass construction of LNG regasification stations and LNG/LCNG/CNG refueling stations. The portfolio also includes temporary LNG supply services with mobile regasification infrastructure, ship bunkering in ports, and cryogenic tanker logistics for fuel delivery. The company operates its own fleet of modern cryogenic tankers and provides turnkey project delivery from station design through construction and ongoing fuel supply.

Differentiator

Problem solved

Functional benefit

Brands

• FIT 55 by JetGas: A green product line of BioLNG and BioCNG products (BioJet Blend) designed to help clients achieve goals set in European RED II and RED III directives and participate in the green energy transformation.

Products and services

• BioLNG (LBM) – Liquified Bio Methane
• LNG – Liquefied Natural Gas

Quantifiable outcome

• 22% CO₂ emission reduction compared to diesel when using LNG in transport
• +4 more outcomes

Named customers14 records

Segments4 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

Scale indicators5 records

Recent moves5 records

Expansion highlights6 records

Regional players

• Bioenergoinvest: Lithuanian biogas/biomethane producer and supplier operating in the Baltic market — regional peer active in biomethane supply chain that competes for BioLNG feedstock and renewable gas customers in the same CEE geography.

Direct peers

• Alexela: Estonian energy company operating CNG refueling stations and LNG imports/distribution in the Baltics, including Võru CNG station supplied by JetGas — competes in the same regional LNG/CNG refueling and industrial fuel supply market.
• Gasum: Nordic/Baltic gas sector major supplying LNG, LBG (biogas), and CNG for road transport, maritime, and industrial customers, with established bunkering infrastructure in Nordic ports — overlaps directly with JetGas's LNG distribution, bioLNG, and ship bunkering offerings in the broader Baltic/Nordic region.
• Elenger (Eesti Gaas): Estonian natural gas and energy supplier operating across the Baltics, distributing natural gas and increasingly LNG/biomethane to industrial, commercial, and residential customers — directly competes with JetGas in the Estonian industrial gas market.
• Titan LNG: Dutch bio-LNG and LNG supplier focused on heavy-duty road transport and industrial decarbonization across Europe — comparable integrated bio-LNG fuel supplier serving transport and industrial use cases with turnkey refueling solutions.
• LIQVIS: German LNG and bio-LNG distributor for industrial customers, heavy-duty transport, and municipal fleets in DACH and Central Europe — directly comparable small/mid-scale LNG supplier with similar customer mix of industrial process heat and transport fleets.
• LNG Croatia: Croatian LNG terminal operator supplying regasified LNG to industrial and transport customers in the CEE/Adriatic region — comparable small-scale LNG midstream model with regasification infrastructure, ship bunkering, and industrial distribution.

Broad incumbents

• Equinor (LNG trading and bunkering): Norwegian energy major with global LNG portfolio and European bunkering operations — broad incumbent competing at scale in LNG supply, bunkering, and decarbonized fuels across European markets.
• Shell LNG Bunkering: Global LNG supplier with maritime bunkering operations across European ports (including growing Baltic/CEE presence) — broad incumbent competing in LNG bunkering and renewable fuels that JetGas targets at Muuga port.
• Primagaz (SHV Energy): European LPG and LNG distributor (part of SHV Energy) serving industrial, commercial, and residential customers across multiple countries — broader incumbent with overlapping cryogenic fuel distribution and bulk gas logistics capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 JetGas