Teekay LNG Partners L.P. Declares Distribution
Teekay LNG Partners L.P. Declares Distribution
Teekay LNG Partners L.P. Declares Distribution
HAMILTON, BERMUDA--(Marketwired - Jul 12, 2013) - 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 $0.675 per unit for the quarter ended June 30, 2013. The cash distribution is payable on August 9, 2013 to all unitholders of record on July 23, 2013.
About Teekay LNG Partners L.P.
Teekay LNG Partners L.P. is the world's third largest independent owner and operator of LNG vessels, providing LNG, LPG and crude oil marine transportation services primarily under long-term, fixed-rate charter contracts with major energy and utility companies through its interests in 29 LNG carriers (including one LNG regasification unit and two newbuildings), 29 LPG/Multigas carriers (including five chartered-in LPG carriers and eight newbuildings) and 11 conventional tankers. The Partnership's interests in these vessels ranges from 33 to 100 percent. Teekay LNG Partners L.P. is a publicly-traded master limited partnership (MLP) 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 trade on the New York Stock Exchange under the symbol "TGP".