NOVATEK PJSC (FRA:N1O) Construction In Progress : €3,443 Mil (As of Jun. 2023)

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What is NOVATEK PJSC Construction In Progress?

NOVATEK PJSC's quarterly construction in progress declined from Sep. 2021 (€3,220 Mil) to Dec. 2021 (€3,091 Mil) but then increased from Dec. 2021 (€3,091 Mil) to Jun. 2023 (€3,443 Mil).

NOVATEK PJSC's annual construction in progress increased from Dec. 2020 (€2,687 Mil) to Dec. 2021 (€3,091 Mil) but then declined from Dec. 2021 (€3,091 Mil) to Dec. 2023 (€2,365 Mil).

NOVATEK PJSC Construction In Progress Historical Data

The historical data trend for NOVATEK PJSC's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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NOVATEK PJSC Construction In Progress Chart

NOVATEK PJSC Annual Data

Trend

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Dec23

Construction In Progress

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985.61

2,450.64

2,687.16

3,091.01

2,365.12

NOVATEK PJSC Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															3,230.22	3,220.35	3,091.01	3,442.76	2,365.12

NOVATEK PJSC Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

NOVATEK PJSC (FRA:N1O) Business Description

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NVTK:Russia

Address

2, Udaltsova Street, Moscow, RUS, 119415

Website

https://www.novatek.ru

NOVATEK PJSC, or simply Novatek, is a Russian-based exploration and production company that acquires, explores for, produces, processes, and markets oil and gas. While the company is mostly focused on natural gas production, it also has exposure to oil. Its exploration and production take place in a variety of fields in central Russia. The natural gas is then processed and sold. Novatek also sells liquid hydrocarbons such as petroleum products, light hydrocarbons, LPG, and crude oil. The majority of its natural gas is sold in Russia, while the liquid hydrocarbons are sold in Russia and internationally, including China, Europe, and the United States.

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