Alkagesta achieved record revenue of $3.5 billion in the first half of 2026, according to reports in Times of Malta, Business Now, Biofuels International, and Emerging Europe. The company also saw a 53% year-over-year increase in trading volumes, reaching 4.9 million metric tonnes during the period.
The media coverage highlighted several commercial developments for Alkagesta. These included the company's entry into the aviation fuel market through the NATO Central Europe Pipeline System, marking a new area of operation for the firm.
Additionally, Alkagesta completed its initial crude oil transactions. This involved the end-to-end delivery of approximately 1.07 million barrels to destinations in the Far East, demonstrating its capabilities in crude oil logistics.
The company also continued to expand its Singapore hub, which now handles approximately 250,000 metric tonnes per month. This scaling indicates a growing operational footprint in a key Asian maritime region.
Furthermore, Alkagesta secured a multi-year biofuel storage agreement at Pantank in Antwerp. This agreement increased the company's total storage capacity across Europe and Asia to 700,000 cubic meters, enhancing its logistical infrastructure.
Looking ahead, the publications noted Alkagesta's expectation that its full-year 2026 trading volumes will surpass 10 million metric tonnes, indicating continued growth projections for the company.
