Teekay LNG Partners Declares Distribution
October 03 2018 - 4:05PM
Teekay GP LLC, the general partner of Teekay LNG Partners L.P.
(Teekay LNG or the Partnership) (NYSE:TGP), has declared a cash
distribution of $0.14 per common unit for the quarter ended
September 30, 2018. The cash distribution is payable on November 9,
2018 to all common unitholders of record on November 2, 2018.
About Teekay LNG
Teekay LNG Partners is one of the world’s
largest independent owners and operators of LNG carriers, providing
LNG, LPG and crude oil marine transportation services primarily
under long-term, fee-based charter contracts through its interests
in 49 LNG carriers (including seven newbuildings), 29 LPG/Multigas
carriers and four conventional tankers. The Partnership’s interests
in these vessels range from 20 to 100 percent. In addition, the
Partnership owns a 30 percent interest in a regasification
facility, which is currently under construction. Teekay LNG
Partners 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’ common units and preferred
units trade on the New York Stock Exchange under the symbols “TGP”,
“TGP PR A” and “TGP PR B”, respectively
For Investor Relations enquiries
contact:
Ryan HamiltonTel: +1 (604) 609-2963Website: www.teekay.com
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