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The Maltese Herald

Alkagesta is one of Malta’s most active oil cargo traders

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by

Mark Camilleri
in

Sources currently investigating Alkagesta, the oil trader based in Malta, have informed The Maltese Herald that Alkagesta has become one of Malta’s most active cargo oil traders and are currently renting the Evos oil bunkering facility next to the Freeport. They are also renting other bunkering facilities in Malta including in Delimara.

Alkagesta has been accused of purchasing Libyan oil and selling it with fake certificates. It also has makes use of Russian-speaking employees from its offices in Malta. The practice of buying smuggled Libyan oil in Malta and Hurd’s Bank and selling it with fake certificates has been highlighted by a United Nations Security Council investigation.

Other oil cargo traders in Malta include Macquarie Commodities, Peninsula Petroleum, and BB Energy. These companies have the capability to make sales of very large quantities of oil, but Alkagesta seems to be getting ahead of them according to our sources.

Alkagesta’s Right of Reply. 

 

Comments

7 responses to “Alkagesta is one of Malta’s most active oil cargo traders”

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    […] Security Council highlighted Hurd’s Bank as a centre for Libyan fuel smuggling activity. Companies based in Malta are also accused of being part of this […]

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    […] the other hand, their voluminous cargo trading in Malta may actually indicate even higher revenues and […]

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