Aug. 20 at 3:25 PM
$HTOO Al Shola Gas continues to execute across its UAE operations. For the six months ended June 30, 2026, ASG generated
$7.2 million in revenue.
The business has signed 10 new LPG engineering subcontracts in Dubai, representing approximately
$1.4 million in anticipated project value and supporting more than 3,450 residential units. Several of these projects also have the potential to generate up to approximately
$1.0 million in annual utility revenue.
Al Shola Gas has also entered into a new LPG supply agreement with an Abu Dhabi-based hospitality group, creating an additional potential revenue opportunity of up to approximately
$1.09 million, subject to performance requirements and additional project awards over the next 18 months.
These latest awards build on the execution already underway across Al Shola Gas and further expand its mix of engineering, utility and supply activity within our broader energy platform.
$UGI $SPH $LPG
