Alkagesta Enters Crude Oil Market with Maiden CPC Blend Shipment

Energy merchant Alkagesta has expanded its trading footprint by entering the physical crude oil market, as reported by industry publication NaftoRynok. The strategic move represents a key milestone in the trading house's ongoing commercial growth across global energy sectors.

The company executed its maiden crude transaction during the second quarter of 2026. The initial trade comprised a physical shipment of 1.07 million barrels of CPC Blend, which was dispatched to destination markets in the Far East.

Chief Executive Officer Orkhan Rustamov confirmed the landmark transaction, citing the movement of the 1.07 million-barrel CPC Blend cargo as the firm's inaugural deal in crude trading. Details of the market entry were highlighted in a recent media report published by Alkagesta.

Expansion Beyond Refined Products and Industrial Bulk

The entry into upstream crude supply follows a year of substantial physical volumes for the trading company. Across 2025, the firm achieved total sales of nearly 9 million metric tons across its diversified commodity portfolio.

Alkagesta's established petroleum products operations encompass a broad spectrum of light, middle, and heavy distillates, including gasoline, gas oil, aviation fuel, fuel oil, and naphtha.

Beyond liquid refined products, the firm maintains active commercial streams in adjacent commodity sectors. Its trading desk handles physical supplies of mineral fertilizers, biofuels, and steel products, providing a broad industrial base alongside its newly launched crude desk.