The team has not ruled out resurrecting the multiplayer mode in the future, but said that its current focus is on the single-player campaign.
"Throughout the development of Metro: Last Light a small, dedicated team had been working on a number of multiplayer prototypes," reads a post on the game's website.
"After E3, we decided to fold this multiplayer team back into the main group and focus 100% of the studio's resources on the single player campaign.
"As a result, Metro: Last Light will not ship with a multiplayer component.
"We don't like throwing away work though, it's a project we could potentially return to after Metro: Last Light ships."
Announced last year, Metro: Last Light is a sequel to Metro 2033. Unlike the books, it has its own original story, but has the blessing of series author Dmitry Glukhovsky.
The follow-up will see the return of the original's bullet currency system.
It has also been confirmed that Metro: Last Light is no longer a Wii U title.
Metro: Last Light will be available on Xbox 360, PS3 and PC in 2013.
> Read our first-look preview of Metro: Last Light
Screenshots - View images of Metro: Last Light below:
Copyright: Koch Media