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NOVATEK PJSC (MIC:NVTK) Deferred Policy Acquisition Costs


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What is NOVATEK PJSC Deferred Policy Acquisition Costs?

Deferred Policy Acquisition Costs only applies to banks and insurance companies.


NOVATEK PJSC (MIC:NVTK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NOVATEK PJSC (MIC:NVTK) » Definitions » Deferred Policy Acquisition Costs
Traded in Other Exchanges
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Address
2, Udaltsova Street, Moscow, RUS, 119415
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.