How Alkagesta uses Maltese media to scrub information about its trade in Russian and Libyan oil
20:38, 17.09.2025
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How Alkagesta uses Maltese media to scrub information about its trade in Russian and Libyan oil
Articles by Alkagesta that are packed with nonsense are increasingly circulating online through the local press. The company’s material has been published by outlets including The Malta Independent and MaltaToday.
I find it unsurprising that some media organizations — especially MaltaToday — have preferred to profit from an entity facing an investigation into alleged dealings involving Russian and trafficked Libyan oil in Malta rather than pursue the allegations and findings presented in our stories.
This is reported by journalist Mark Camilleri on The Maltese Herald website.
You can read a brief about our year-long investigation here.
How Alkagesta uses Maltese media to scrub information about its trade in Russian and Libyan oil
How Alkagesta uses Maltese media to scrub information about its trade in Russian and Libyan oil
The sponsored article is full of nonesense. The article implies that some traders once found an arbitrage opportunity, which they eventually turned into a global trading house. The story of success in trading arbitrage is as old as time, however, commodity trading is not like trading in financial or digital markets. The physical commodity market is highly opaque and insular, dominated by a small number of established players and age-old connections, rules, and customs.
A whistleblower who has inside information about Alkagesta has published extensive evidence of its ties to SOCAR, making it highly likely that SOCAR was the original backer, providing Alkagesta’s traders with market access and capital liquidity.
How Alkagesta uses Maltese media to scrub information about its trade in Russian and Libyan oil
How Alkagesta uses Maltese media to scrub information about its trade in Russian and Libyan oil
How Alkagesta uses Maltese media to scrub information about its trade in Russian and Libyan oil
How Alkagesta uses Maltese media to scrub information about its trade in Russian and Libyan oil
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