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NYSE:TK
NYSE:TNK

Teekay LNG Partners L.P. Declares Distribution

July 13, 2012

HAMILTON, BERMUDA–(Marketwire – July 13, 2012) – 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, 2012. The cash distribution is payable on August 10, 2012 to all unitholders of record on July 25, 2012.

About Teekay LNG Partners L.P.

Teekay LNG 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 27 LNG carriers (including one LNG regasification unit), five LPG/Multigas carriers and 11 conventional tankers. The Partnership’s interests in these vessels range 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’s common units trade on the New York Stock Exchange under the symbol “TGP”.

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