In 2018 the project was abandoned due to construction costs having almost doubled to about $44 billion, largely because of post-Fukushima safety improvements and the fall in the value of the Turkish lira. Indicating that the feasibility study prepared by Japan did not conform with both the expense and the timeframe of the first deal, Turkey stated that Japan and Turkey had agreed to discontinue cooperation in January 2020. In September 2020, the Ministry of Environment and Urbanization approved the final Environmental Impact Assessment (EIA) report of Sinop Nuclear Power Plant.