Alkagesta signs multi‑year biofuel storage agreement in Antwerp

Alkagesta has signed a multi‑year lease agreement for biofuel storage at the Pantank facilities in Antwerp, adding new capacity to support the flow of feedstocks and biodiesel into the European market.
Industry sources say the additional tanks will allow the company to broaden its biofuel sourcing activities and improve access for smaller suppliers to inland European markets.
The move is expected to add flexibility and liquidity to a sector that has been navigating heightened volatility in global fuel markets.
While geopolitical tensions have driven sharp swings in crude and refined product prices, the biofuels market has remained comparatively stable.
Analysts attribute this to diversified feedstock supply chains and the support of European blending mandates. Market participants note that recent disruptions have been felt more in logistics and feedstock spreads than in underlying demand, increasing the value of storage and adaptable supply chains.
Alkagesta operates close to 700,000 cubic metres of storage capacity across Europe and Asia, with its largest concentration of assets located in the Mediterranean region. The Antwerp facilities will enable the handling of vessel, truck, and container movements for biofuel products.
The company’s biofuels desk trades used cooking oil, food‑waste‑derived oils, soapstock acid oils, and biodiesel. Alkagesta has been active in terminal operations for nearly a decade, with a focus on operational efficiency and risk management.
According to biofuels trader Anthony Guida, the additional capacity in Antwerp is expected to help connect smaller producers with European biodiesel markets and support efforts to meet regional sustainability and blending requirements.