Alkagesta Reaches Record €3.02 Billion Revenue in H1 2026 on Volume Growth and Product Expansion

Malta-headquartered commodities trader Alkagesta generated €3.02 billion ($3.5 billion) in revenue during the first half of 2026, according to company financial disclosures reported by Business Now. The half-year figure compares against €4.05 billion ($4.7 billion) recorded for the full 2025 financial year. Physical commodity trading volumes reached 4.9 million metric tonnes in the six-month period, representing a 53 percent year-on-year increase from 3.2 million metric tonnes delivered in the same period of 2025. Based on ongoing commercial activity, the trading house projects its full-year 2026 trading volume to exceed 10 million metric tonnes.

A key operational development during the first half of 2026 was Alkagesta's expansion into the European aviation fuel market, as reported by Business Now. After establishing logistical capacity to deliver jet fuel via the NATO Central Europe Pipeline System (CEPS), the company initiated commercial deliveries to broaden its middle-distillates portfolio. In its reporting, Alkagesta highlighted that increased military utilization of the NATO CEPS infrastructure influenced commercial jet fuel supply availability at European airports during the period.

The company also completed its first crude oil transactions in the first half of 2026, including the end-to-end shipment of approximately 1.07 million barrels to destination markets in the Far East, according to company information cited by Business Now. Alongside crude operations, Alkagesta increased trading activity in steel and biofuels. Commercial operations at its regional trading hub in Singapore expanded over the six-month period, reaching monthly trading volumes of approximately 250,000 metric tonnes.

To support its expanding physical trading operations, Alkagesta holds 700,000 cubic meters of storage capacity across Europe and Asia, following a multi-year biofuel storage agreement signed earlier in the year at Pantank in Antwerp, as reported by Business Now. Senior management currently holds a 35 percent equity stake in the business, with plans to increase this shareholding further. Speaking on the performance, Chief Executive Officer Orkhan Rustamov noted that the company achieved progress through a disciplined growth strategy despite volatile commodity markets, adding that Alkagesta remains focused on expanding crude oil trading, scaling jet fuel distribution, and growing its storage and logistics footprint.