The fate of the $15 billion project has been shrouded in uncertainty largely due to cost overruns and a tax hike last year that undermined its economics, with a final investment decision postponed pending a re-evaluation of the concept on which a decision is expected this summer.
The state-owned operator is currently drilling the nearby Kramsno prospect as part of an exploration effort to prove up further resources to strengthen the commercial basis for a field development.
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