Teekay LNG Partners L.P.

Teekay LNG Partners L.P.

January 27, 2010 19:29 ET

Teekay LNG Partners L.P. Declares Distribution

HAMILTON, BERMUDA--(Marketwire - Jan. 27, 2010) - Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP) has declared a cash distribution of $0.57 per unit for the quarter ended December 31, 2009. The cash distribution is payable on February 12, 2010 to all unitholders of record on February 5, 2010.

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 provides LNG, LPG and crude oil marine transportation services under long-term, fixed-rate time-charter contracts with major energy and utility companies through its fleet of 15 LNG carriers, six LPG carriers and eight Suezmax class crude oil tankers. Three of the six LPG carriers are newbuildings scheduled for delivery in 2010.

Teekay LNG's common units trade on the New York Stock Exchange under the symbol "TGP".

Contact Information

  • Teekay LNG Partners L.P.
    Kent Alekson
    Investor Relations Enquiries
    +1 (604) 609-6442
    Teekay LNG Partners L.P.
    Nicole Breuls
    Media Enquiries
    +1 (604) 844-6631