No Sanctions Against Alkagesta: What the Lists Say

The question “is Alkagesta sanctioned?” has a verifiable answer: no. Alkagesta appears on none of the sanctions lists maintained by the United States, the European Union, the United Nations, the United Kingdom or Switzerland, and the company publishes the check so that anyone can confirm it.

The result as at 8 October 2026

No match was found for Alkagesta or any group entity on the OFAC Specially Designated Nationals list, the EU Consolidated Sanctions List, the UN Security Council Consolidated List, the UK OFSI Consolidated List or the Swiss SECO list. The disclosed controlling shareholder, Kamran Firudin Aghayev, and the registered directors returned no listing either. None is a politically exposed or designated person.

A standing process, not a one-off

The screen is run every month and each result is published with its date. The checks of 24 July, 9 September, 28 September and 8 October 2026 all returned the same outcome. Alkagesta describes this deliberately as a dated check against named lists rather than a general claim of clearance. Reports from the two commercial databases most used in bank KYC — LSEG World-Check (2 October 2026) and Dow Jones Risk & Compliance (22 June 2026) — sit alongside the government results.

Under EU law in Malta

Because Alkagesta Ltd (C 85915) is incorporated in Malta and trades in the EU, the EU sanctions regime applies to it directly through Maltese law. The Sanctions Monitoring Board administers that regime nationally; Transport Malta enforces a vessel-by-vessel checkpoint under Port Notice No. 10 of 2025. Every cargo handled at the Evos and Delimara terminals needed clearance from four authorities before discharge.

Alkagesta also screens its own counterparties, banks and chartered vessels against the OFAC, EU, UK and UN lists before transacting, applying the 50-per-cent ownership test and using World-Check, Windward, Purple Trac, SeaSearcher, Moody’s Analytics and Factiva Dow Jones under the published compliance framework. Russian-origin crude and refined products are not traded.

Where to confirm

The five list searches are public. Registration and ownership are on the Malta Business Registry, UK Companies House and GLEIF. Orkhan Rustamov, Chief Executive Officer at Alkagesta, and the leadership team maintain the full record on the transparency hub. No online source alleging sanctions has ever cited a listing from any of these authorities.