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NYSE:TK
  • 3.20
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  • (-3.32%)
NYSE:TNK
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NYSE:TGP
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Teekay LNG Partners L.P. Declares Distribution

October 20, 2009

HAMILTON, BERMUDA–(Marketwire – Oct. 20, 2009) – 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 September 30, 2009. The cash distribution is payable on November 13, 2009 to all unitholders of record on October 27, 2009.

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. Four of the six LPG carriers are newbuildings scheduled for delivery in late-2009 and 2010.

Teekay LNG’s common units trade on the New York Stock Exchange under the symbol “TGP”.

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