Alkagesta Featured in Ship.Energy on First Crude Oil Transaction

Malta, 29 May 2026.

Alkagesta has been featured in Ship.Energy following the announcement that the company has completed its first crude oil transaction, marking a significant milestone in the group’s expansion across the petroleum value chain.

The article covers Alkagesta’s entry into crude trading, with the company’s first transaction seeing one million barrels heading to the Far East. The move represents a natural evolution for a group whose petroleum portfolio already spans naphtha to bunker fuel across 42 countries.

Orkhan Rustamov, Alkagesta CEO, commented: “Although I began my career in BP’s Upstream division, at the foundation of Alkagesta we operated with modest means – which naturally guided us toward products trading, where smaller clip sizes allow for disciplined growth. Through years of consistent geographical expansion and financial discipline, we have built a strong company with an exceptional team. Today, that foundation allows us to enter crude trading from a position of capital adequacy and with the support of first-class financial institutions that provide ALKAGESTA with its credit facilities.”

The full article is available here: Alkagesta completes its first crude transaction