ReFuels delivered a solid set of April 2026 operating statistics, with all key metrics setting fresh records or posting healthy mid-single to low-double-digit year-on-year growth despite a softer pace of new Bio-CNG truck deployments versus the prior-year comparator. CNG Fuels (40%-owned by ReFuels) dispensed 5,725 tonnes of Bio-CNG across its 16-station UK public-access network, up 9% YoY, while average daily dispensed volume reached a record 191 tonnes/day (vs 175 t/d in April 2025) and average daily vehicles refuelled rose 11% YoY to 2,253. The RTFC monetisation outlook remains attractive with most 2026 certificates forward-sold at around 25–26p. Encouragingly, management flagged a growing pipeline of fleet-operator trial requests following the closure of the Strait of Hormuz, which has refocused UK and European hauliers on the vulnerability of diesel supply chains.
11 May 2026
ReFuels - Hormuz Driving Up Interest
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ReFuels - Hormuz Driving Up Interest
ReFuels delivered a solid set of April 2026 operating statistics, with all key metrics setting fresh records or posting healthy mid-single to low-double-digit year-on-year growth despite a softer pace of new Bio-CNG truck deployments versus the prior-year comparator. CNG Fuels (40%-owned by ReFuels) dispensed 5,725 tonnes of Bio-CNG across its 16-station UK public-access network, up 9% YoY, while average daily dispensed volume reached a record 191 tonnes/day (vs 175 t/d in April 2025) and average daily vehicles refuelled rose 11% YoY to 2,253. The RTFC monetisation outlook remains attractive with most 2026 certificates forward-sold at around 25–26p. Encouragingly, management flagged a growing pipeline of fleet-operator trial requests following the closure of the Strait of Hormuz, which has refocused UK and European hauliers on the vulnerability of diesel supply chains.