Alkagesta completed its acquisition of Turkish marine fuel supplier Energy Petrol in November 2026, following the announcement of an agreement in October, according to Alkagesta Media. The company said the transaction and share transfer had been finalised, alongside management appointments intended to support the development of its marine fuel business in Türkiye.

The acquisition includes eight marine fuel supply vessels and a long-term lease covering 28,000 cubic metres of tank capacity at a terminal in Gebze. It marks Alkagesta’s entry into vessel ownership. Energy Petrol, founded in 1997 and described by Alkagesta Media as the third-largest physical marine fuel supplier in the port of Istanbul, will retain its existing brand.

Taha Karakan will oversee Alkagesta’s Turkish marine distribution activities as managing director for marine fuels distribution in Türkiye, with strategic and commercial responsibility for Energy Petrol within the group’s international marine fuels portfolio. Karakan joined Alkagesta in October 2024. His previous commercial and trading roles at Bunker Holding involved marine fuel trading, physical supply operations and cargo supply management, the announcement said.

Energy Petrol has also appointed Aydın Yıldız as marine sales director. He brings more than 20 years of experience spanning maritime engineering, commercial operations and executive leadership. Yıldız worked at Petrol Ofisi between 2015 and 2025, most recently heading marine sales. According to Alkagesta Media, the business he oversaw consistently sold more than one million metric tonnes annually in recent years and held roughly 39% of the Turkish marine fuels market during his tenure.

His responsibilities there included five commercial and operational departments, 20 professionals, a nationwide supply network, 20 supply vessels and more than 10 marine fuel stations. Yıldız began his career as a marine engineer and advanced to chief engineer before moving into commercial leadership. Alkagesta said the new management arrangement would combine international trading and bunkering experience with Turkish market knowledge, while preserving Energy Petrol’s customer relationships and service standards.

Read the original announcement on Alkagesta.