Novatek PAO

Common Name
Novatek
Country
Russia
Sector
Energy
Industry
Oil & Gas E&P
Employees
N/A
Ticker
NVTK
Exchange
MOSCOW EXCHANGE
Description
Novatek Public Joint Stock Company is a leading player in the oil and natural gas industry, primarily focusing on the exploration, extraction, processing, and distribution of natural gas and liquid hy...

Novatek Energy Data Preview

In 2023, Novatek disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Novatek also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Novatek also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Novatek also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Novatek's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Energy Sold
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Electricity Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Novatek's Energy Renewability

In 2023, Novatek consumed a total of 17.29 Gigajoules of energy across its operations. Of this total, 1.62% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 98.38% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Novatek's Energy Renewability Rate

2%

How much of Novatek's energy consumed is renewable?

In 2023, Novatek consumed a total of 17.29 Gigajoules of energy, of which 1.62% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Novatek has considerable room to improve its energy sustainability strategy.

Are Novatek's energy practices becoming more sustainable?

Since 2021, Novatek's total energy consumption increased by 11.76%, including a 3.59% increase in 2023, reflecting a sustained rise in overall energy demand.

Over the same period, the share of renewable energy in Novatek's consumption increased by 237.85%, showing a recent positive trend in clean energy adoption.

Novatek's Renewable vs Non-renewable Energy Over Time

4.131.630.874.13Gigajoules (GJ)20212022202398%93%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Novatek's Energy Consumption & Production Mix

In 2023, Novatek disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Novatek's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Novatek's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(42.6%)Other Sources(39.0%)Heat(Unspecified Source)(18.4%)

What are the main sources and generation technologies behind Novatek's energy consumption?

In 2023, Novatek's total energy consumption was primarily sourced from

  • Electricity (Unspecified Source) (42.6%)
  • Other Sources (39.01%)
  • Heat (Unspecified Source) (18.39%)

How diverse is Novatek’s energy consumption mix?

In 2023, Novatek consumed energy from 3 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.

What are the main sources or generation technologies used by Novatek to produce energy?

In 2023, Novatek's energy production came primarily from

  • Electricity (Unspecified Source) (73.83%)
  • Other Sources (18.02%)
  • Heat (Unspecified Source) (8.15%)

How diverse is Novatek’s energy production mix?

In 2023, Novatek produced energy using 3 different sources or generation technologies. The energy production mix is highly concentrated, with Electricity (Unspecified Source) alone making up 73.83% of total output.

Novatek's Energy Produced by Sources and Technologies

Electricity(Unspecified Source)(73.8%)Other Sources(18.0%)Heat(Unspecified Source)(8.1%)

Insights into Novatek's Energy Inflows & Self-Sufficiency

In 2023, Novatek reported total energy inflows of 17.38 Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 2.9 Gigajoules purchased from external suppliers and 14.48 Gigajoules generated through internal production. This corresponds to a production share of 83.31%, reflecting a 67.39% percentage point decrease from the previous year (2022) and a 172.12% percentage point decrease since 2021.

Although Novatek's production share has remained steady in the most recent year, it has declined compared to earlier periods. This suggests a long-term trend toward reduced self-production, possibly reflecting changing investment priorities or greater reliance on external supply networks.

Novatek's Energy Purchased vs Produced Over Time

20212022202304.5913.518Gigajoules (GJ)85%84%83%15%16%17%
  • Total Energy Produced
  • Total Energy Purchased
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