International commodities trader Alkagesta announced record results for the first half of 2026, indicating the company is on course for its strongest year yet. Revenue for the first six months totaled $3.5 billion, reflecting growth in trading volumes and diversification across new product areas, despite global market volatility. Based on current activity, Alkagesta projects full-year 2026 trading volumes to surpass 10 million metric tonnes, an increase from 8.7 million metric tonnes in 2025.
These results build upon a record 2025 financial year, when the company generated $4.7 billion in revenue. Alkagesta attributes this positive performance to its sustained focus on providing reliable supplies amid geopolitical and commodity market uncertainties. A key development supporting this growth has been Alkagesta’s expansion into the jet fuel and crude oil trading markets.
The company began delivering jet fuel into the European aviation market via the NATO Central Europe Pipeline System (CEPS) during a period of acute supply concerns. Furthermore, Alkagesta commenced crude oil trading, including its first shipment of approximately 1.07 million barrels to the Far East. Activity also expanded across steel and biofuels, broadening the company’s product mix.
The Singapore hub continued to expand, with monthly trading volumes reaching approximately 250,000 metric tonnes, reinforcing its role in the Asian energy markets. Alkagesta CEO, Orkhan Rustamov, stated that the results reflect a disciplined approach to growth, emphasizing continued client service and strategic development. The company also increased its storage capacity with a multiyear agreement for biofuel storage in Antwerp, bringing total European and Asian capacity to 700,000m³.
These developments position Alkagesta to meet its strategic goals for 2026.
Topics: #alkagesta #course #strongest
