Teekay LNG Partners L.P.

NYSE : TGP


Teekay LNG Partners L.P.

April 09, 2014 16:30 ET

Teekay LNG Partners Declares Distribution

HAMILTON, BERMUDA--(Marketwired - April 9, 2014) - 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 $0.6918 per unit for the quarter ended March 31, 2014. The cash distribution for the quarter ended March 31, 2014 is payable on May 9, 2014 to all unitholders of record on April 25, 2014.

About Teekay LNG Partners L.P.

Teekay LNG Partners L.P. is the world's second largest independent owner and operator of liquefied natural gas (LNG) vessels, providing LNG, liquefied petroleum gas (LPG) and crude oil marine transportation services primarily under long-term, fixed-rate charter contracts through its interests in 34 LNG carriers (including one LNG regasification unit and five newbuildings), 33 LPG/Multigas carriers (including five chartered-in LPG carriers and 11 newbuildings) and 9 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".

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