Teekay LNG Partners L.P. Declares Distribution
April 21 2011 - 9:02AM
Marketwired
Teekay GP LLC, the general partner of Teekay LNG Partners L.P.
(Teekay LNG) (NYSE: TGP), has declared a cash distribution of $0.63
per unit for the quarter ended March 31, 2011. The cash
distribution is payable on May 13, 2011 to all unitholders of
record on May 6, 2011.
About Teekay LNG Partners L.P.
Teekay LNG Partners L.P. is a publicly-traded master limited
partnership formed by Teekay Corporation (NYSE: TK) as part of its
strategy to expand its operations in the LNG and LPG shipping
sectors. Teekay LNG Partners L.P. provides LNG, LPG and crude oil
marine transportation services under long-term, fixed-rate charter
contracts with major energy and utility companies through its fleet
of 20 LNG carriers, five LPG carriers and 11 conventional oil
tankers. Four of the 20 LNG carriers are newbuildings scheduled for
delivery in 2011 and 2012. Three of the five LPG carriers are
newbuildings scheduled for delivery in 2011. In addition, Teekay
LNG Partners has a 50 percent ownership interest in one LNG
regasification unit.
Teekay LNG Partners' common units trade on the New York Stock
Exchange under the symbol "TGP".
Contacts: Teekay LNG Partners L.P. Kent Alekson Investor
Relations Enquiries +1 (604) 609-6442 www.teekaylng.com
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