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Malta, 24 August 2026 — Alkagesta, the international commodities trader headquartered in Malta, today announced record results for the first half of 2026, reflecting continued growth in trading volumes, expansion into new product areas, and greater activity across its international network.Revenue reached $3.5 billion for the first six months of 2026, representing a record half-year performance for the company and building on the $4.7 billion generated across the full 2025 financial year. Trading volumes rose 53% year over year to 4.9 million metric tonnes, compared with 3.2 million metric tonnes in the first half of 2025. Based on current trading activity, Alkagesta expects full-year 2026 volumes to exceed 10 million metric tonnes.
Aviation Fuel and Crude Oil: New Business Lines Delivering Early Results
A defining development of the period was the company's entry into the aviation fuel market. Following access to the NATO Central Europe Pipeline System (CEPS), Alkagesta commenced Jet A1 deliveries into the European aviation market — broadening its presence across the middle-distillates value chain at a time of acute supply concerns in the sector.
Alkagesta also completed its first crude oil transactions during the period, including end-to-end delivery of approximately 1.07 million barrels to the Far East — a controlled entry into a new market that broadens the company's commodity reach. Activity across steel and biofuels also increased, further diversifying the product mix and customer base.
Singapore Hub Reaches 250,000 Metric Tonnes Per Month
Alkagesta's Singapore hub continued to gain scale throughout the first half of 2026, with monthly trading volumes reaching approximately 250,000 metric tonnes — reinforcing Singapore's role as a central node within the company's wider international trading network and its growing presence across Asian marine and energy markets.
Management Ownership and Strategic Outlook
Senior members of the management team currently hold a 35% equity stake in Alkagesta, with leadership expressing its intention to increase this further — reflecting confidence in the company's long-term prospects and a commitment to aligning management interests with the sustained success of the business.
Looking ahead, Alkagesta remains on track to scale jet fuel and crude oil trading activity, supported by a total storage capacity of 700,000 m³ across Europe and Asia following the multi-year biofuel storage agreement at Pantank in Antwerp signed earlier this year.
Statement from the CEO
Orkhan Rustamov, CEO of Alkagesta, commented: "These results reflect the progress we have made through a measured and disciplined approach to growth. Despite significant volatility across global commodities markets, our focus has remained on serving our clients reliably and building our business on strong, long-term relationships. We will continue to grow strategically, step by step, strengthening our presence in the markets where we operate and ensuring that our communication lines, capabilities and regional networks remain resilient."
The full report is available here: https://alkagesta.com/alkagesta-1h-2026-performance-update-show-more-lines/