Project shareholders have reached an agreement with shipbuilders to extend the deadline on firming up berths for 17 newbuildings worth more than $3bn that have been pencilled in at two South Korean yards for the TotalEnergies-led Mozambique LNG scheme.

Sources close to the business said shareholders in the 12.88-million-tonnes-per-annum east African project now have until the end of March 2022 to declare on the vessels.