The contractor for Gazprom's new headquarters in St. Petersburg, Russia said the energy company has made no changes to plans to build the tower.
It has, however, been reported that the skyscraper had been scrapped without telling the contractor.
In 2008, Gazprom Neft awarded a AED10bn ($2.7bn) contract to Arabtec Construction to build the 400m tower, reported Bloomberg.
The plans for the glass and steel structure have faced opposition from UNESCO, which was followed by Russian President Dmitry Medvedev's intervention to halt construction.
Work on the project was expected to begin last year.