Fusion Fuel unit Al Shola Gas adds LPG bobtail, targets USD 1.6 million annual recurring revenue

Reuters2026/09/10 11:59

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Fusion Fuel’s indirect subsidiary Al Shola Gas took delivery of a new LPG bobtail tanker to expand recurring distribution capacity.
Unit targets AED 6 million ($1.6 million) in annual recurring revenue at run-rate, with monthly revenue of AED 400,000-500,000.
Target ramp to 200 metric tons per month within four to six months of entering service.
Fleet rises to 53 vehicles, including three LPG bobtails; a fourth, smaller-format bobtail remains on order.
Dubai Supreme Council of Energy issued a Petroleum Products Permit covering cylinder distribution and bulk LPG tanker activity, supporting tender eligibility.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fusion Fuel Green plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609100745PRIMZONEFULLFEED9824442) on September 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Fusion Fuel unit Al Shola Gas adds LPG bobtail, targets USD 1.6 million annual recurring revenue

You may also like

Crypto prices