- Business
- Afriquia Gaz S.A. is a Morocco-based energy company specializing in the refining, conditioning, storage, transportation, and distribution of liquefied petroleum gas (LPG), including butane and propane, as well as liquefied natural gas (LNG). Founded in 1992 and headquartered in Casablanca, Morocco, the company operates as a subsidiary of Akwa Group S.A. and trades on the Casablanca Stock Exchange under the ticker symbol GAZ.
The company organizes its business around comprehensive energy distribution and technical service segments, serving residential, commercial, industrial, and agricultural end-markets across Morocco. Its product and service offerings comprise bottled butane gas distributed in portable cylinder formats for domestic cooking and heating; bulk propane and butane delivered via dedicated road tankers for industrial heating, manufacturing processes, agricultural applications, and hospitality venues; autogas solutions for automotive transport; design, procurement, and turnkey installation of customized on-site gas storage tanks, pipeline networks, and vaporization units; ongoing maintenance, testing, and cylinder requalification services; and commercialization through established market brands including Afriquia Gaz, Tissir Gaz, Campingaz, Ultragaz, and Butagaz. The company supports its operations through a nationwide logistics and supply infrastructure featuring maritime import terminals, storage depots, automated filling plants, and regional distribution networks.
In recent developments, Afriquia Gaz has advanced its strategic positioning in Morocco by expanding into liquefied natural gas (LNG) distribution, underpinned by a major long-term gas sales and purchase agreement and strategic financing collaboration tied to the Tendrara gas field development project. The company has also continued expanding its primary storage and receiving capabilities through infrastructure investments at key maritime hubs such as Jorf Lasfar. Additionally, Afriquia Gaz has implemented operational modernization and automation programs across its regional bottling centers and logistics fleets, enhancing cylinder tracking, supply chain security, and industrial safety standards to meet expanding domestic demand.