Teekay LNG Partners Declares Distribution
October 21 2019 - 4:10PM
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 $0.19 per common unit for the quarter ended
September 30, 2019. The cash distribution is payable on November
14, 2019 to all common unitholders of record on November 1,
2019. Teekay LNG’s common unit distributions are reported on
Form 1099 for United States tax purposes.
About Teekay LNG
Teekay LNG Partners is one of the world’s
largest independent owners and operators of LNG carriers, providing
LNG and LPG marine transportation services primarily under
long-term, fee-based charter contracts through its interests in 49
LNG carriers (including two newbuildings), 22 mid-size LPG carriers
and seven multi-gas carriers. The Partnership’s ownership interests
in these vessels range from 20 to 100 percent. In addition, the
Partnership owns a 30 percent interest in a regasification
terminal, 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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