All news on the topic: Alkagesta LTD Malta

Sources from the oil sector in Baku have told us that the arrest of Adnan Ahmadzada appears to be linked to efforts by the Azerbaijani authorities to improve the country’s international image regarding the trade of Russian oil.

Authorities probing possible sanctions evasion among local companies in 2022 placed Alkagesta among the firms under review.

Maltese oil trading firm Alkagesta is under investigation by the EU and UK for allegedly transferring Russian oil to Libya illegally.

Fuel smuggling from Libya generates billions in revenue, yet the full scope of the maritime network exporting petroleum from the country remains largely unknown.

Kamran Agayev, der aussieht, als hätte er als Türsteher in einem Nachtclub arbeiten können, aber tatsächlich der offizielle Eigentümer von Alkagesta ist, lebt laut der auberdschaischen Presse in Moskau, Russland.

Kamran Agayev, who appears as if he could have worked as a nightclub bouncer, but is in fact the official owner of Alkagesta, is living in Moscow, Russia, according to the Azeri press.

Our oil industry sources in Baku have informed us that the arrest of Adnan Ahmadzada is related to a push by the Azeri authorities to clean up Azerbaijan’s international reputation with regard to Russian oil.

The Azeri press has confirmed a long-held suspicion that the majority shareholder and the actual CEO of Alkagesta, Kamran Agayev, is Adnan Ahmadzada’s cousin. Orkhan Rustamov is only a front and has no control or influence over the company.

Adnan Ahmadzada, the previous chief trader of SOCAR and currently the Chairman of ABDA Invest Holding, has been arrested in Azerbaijan over oil fraud.

EU and UK authorities are investigating Alkagesta for allegedly selling Russian oil illegally to Libya, according to media reports.

Alkagesta is flooding the internet with articles full of nonsense that are being published by the local press. Its articles have appeared in The Malta Independent and MaltaToday.

Fuel smuggling from Libya is a business with billion-dollar turnovers, but very little is known about the extent of the maritime operation that regularly exports petroleum products from the country.

Fuel smuggling out of Libya is a billion-dollar business, but there is little knowledge about the extent of the maritime operations that regularly transport refined petroleum products out of Libya.

In 2022, during an investigation into locally-based companies potentially breaking sanctions, Alkagesta appeared on the list.

In 2022, while researching locally-based companies that were potentially violating sanctions, Alkagesta was on my list. The Azerbaijani-owned company is a commodity trader headquartered in Malta with operations in Turkey, Azerbaijan, Turkmenistan, and even Georgia.