Alkagesta is a privately held commodity trading group headquartered in Malta, with offices in Geneva, London, Romania and Singapore. Because the company trades petroleum products across many jurisdictions, questions about its ownership, compliance and regulatory standing come up often. Alkagesta answered them on a public transparency hub, and the answers can be checked against third-party records.

Ownership. Alkagesta was founded in 2018 and remains in private hands. The seed investor, Kamran Firudin Aghayev, holds 65 per cent of the group holding company, with senior management holding the rest. There is no state, sovereign fund or government body anywhere in the structure, and no shareholder acts as a nominee for one. The chain of ownership is visible on the Malta Business Registry, on Companies House for the UK entity, and in the GLEIF system that regulators use to identify legal entities worldwide.

Leadership. Day-to-day management sits with Chief Executive Officer Orkhan Rustamov and the team described on the Leadership & Governance page. Ownership and management are distinct functions within the group.

Sanctions. Alkagesta is not under sanctions. As at 8 October 2026, no Alkagesta entity appeared on the US OFAC, EU, UN, UK or Swiss lists, and the same was true of the controlling shareholder. The company runs the check every month and publishes each result with its date, alongside independent screening reports from LSEG World-Check and Dow Jones.

Investigations. Alkagesta is not under investigation. As at 28 September 2026, no court, regulator or enforcement body in any jurisdiction had recorded a proceeding, charge or finding against the company. Online articles asserting otherwise have never cited a case number or an official statement, and the same text has simply been republished across a network of sites. In September 2026 Alkagesta filed a defamation claim in Malta’s Court of Magistrates against the outlet where the allegations originated.

How compliance works. Operating from Malta means operating under EU law. Every cargo entering the onshore terminals at Evos and Delimara required clearance from Transport Malta, the terminal authority, Customs and the Sanctions Monitoring Board. Counterparties, banks and vessels were screened before each transaction using licensed platforms such as World-Check, Windward and Kpler. Alkagesta does not trade Russian-origin crude or refined products, and an accredited auditor confirms its chain of custody under ISCC EU and ISCC CORSIA certification.

One name, two companies. A dormant Alkagesta subsidiary, Caspian Oil & Gas Co Ltd (Malta, C91927), has never traded and holds €1,500 in share capital, confirmed by four clean BDO Malta audits. Caspian Oil & Gas FZE is an unrelated company with no connection to the group; reports linking the two are incorrect.

Everything above can be verified independently. That is the point of publishing it.