
Al Fanar Gas Group
Distribution systems for LPG, SNG, and NG, leading with smart metering and extensive UAE network.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Acquisition | |
Total Funding | 000k |
Al Fanar Gas is a prominent player in the oil and gas sector, focusing on the distribution of Liquefied Petroleum Gas (LPG), Synthetic Natural Gas (SNG), and Natural Gas (NG) across the UAE and Oman. The company has established a significant presence with fully operational branches in key locations such as Dubai, Al Ain, Fujairah, Ajman, Ras Al Khaimah, and Oman. Al Fanar Gas serves a diverse clientele, including residential developments and large-scale infrastructure projects. The business model revolves around designing, procuring, and installing gas distribution networks, with a notable achievement being the first to implement a smart metering system in the UAE. This system enhances the efficiency of gas monitoring and payment processes, particularly in high-profile complexes like the Etihad Tower. Al Fanar Gas also pioneered the installation of SNG systems in Abu Dhabi, custom-designed to meet the specifications of major industry players like ADNOC and GASCO. The company's strategic initiatives have secured it a dominant market share of over 70% in the SNG segment. Revenue is generated through the sale and distribution of gas, as well as the provision of infrastructure services. Al Fanar Gas's operations are aligned with the UAE's energy needs, contributing to the region's development and sustainability goals.
Keywords: LPG, SNG, NG, distribution, UAE, smart metering, infrastructure, Abu Dhabi, market share, energy.