Alkagesta promotes Anthony Guida to lead Biofuels Trading Desk

The sustainable aviation fuel (SAF) and renewable diesel markets continue to accelerate as EU mandates tighten, airlines deepen their decarbonisation commitments, and global trade flows evolve across both feedstocks and refined products.

Reflecting this momentum, Malta‑headquartered energy and commodity trading house Alkagesta has promoted Anthony Guida to Biofuels Trading Desk Lead, recognising his role in building and scaling the company’s biofuels business since its launch last year.

Guida brings a decade of experience across major energy trading organisations, including S&P Global Platts, Phillips 66, and PETRONAS. His career spans crude oil market analysis, strategic development, and commercial roles across crude, biofuels, and carbon markets.

Since joining Alkagesta in January 2025, Guida has expanded the company’s biofuels operation across the full value chain — connecting smaller feedstock and waste‑oil suppliers with established European refiners and producers of biodiesel, HVO, and SAF. Under his leadership, the desk secured a multi‑year offtake contract in Malta and Italy, arranged storage at Pantank’s Antwerp terminal, and guided Alkagesta through ISCC CORSIA certification in January 2026 — a milestone that enabled the company to trade and supply CORSIA‑eligible SAF.

Anthony Guida

That certification also laid the foundation for Alkagesta’s entry into jet fuel trading. By February 2026, the company had secured commercial access to NATO’s Central European Pipeline System (CEPS), a 5,000‑kilometre network linking refineries, depots, airfields, and ports across Europe. CEPS access opened new delivery routes for jet fuel and SAF to airports of Germany and Belgium. Alkagesta expects to trade around 100,000 tonnes of jet fuel in 2026, with plans to grow volumes significantly in the coming years.

Alkagesta’s first crude trade marks a new strategic milestone

In parallel with its expansion in sustainable fuels, Alkagesta recently completed its first crude oil transaction, loading 1.07 million barrels of CPC Blend in 2Q 2026 for delivery to the Far East. This marks the company’s formal entry into the crude market — a strategic step that complements its established petroleum products, biofuels, and jet fuel operations. The move follows years of disciplined balance‑sheet strengthening and growing support from international financial institutions.

The biofuels desk’s growth has also been supported by Alkagesta’s investment in a used cooking oil (UCO) processing facility, where equity barrel volumes have increased from 734 to 1,860 tonnes. Through this platform, the desk has expanded into UCO, food‑waste‑derived oils, soapstock acid oils, and biodiesel, strengthening Alkagesta’s position across the advanced biofuels segment.

Commenting on his promotion, Guida said: “I am delighted to accept this promotion. This is a significant milestone for me personally, and it reflects the progress we have made in establishing a certified, structured, and scalable biofuels trading platform. I am proud of what has been built in a short period of time, and I am committed to taking it to the next level.”

Guida’s appointment follows the recent promotion of Darren Axisa to Country Manager Malta, after previously serving as Alkagesta’s Operations Manager.