Teekay LNG Partners Declares Distribution

HAMILTON, Bermuda, Jan. 04, 2018 (GLOBE NEWSWIRE) -- 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 $0.14 per unit for the quarter ended December 31, 2017. The cash distribution is payable on February 9, 2018 to all unitholders of record on February 2, 2018.

About Teekay LNG

Teekay LNG Partners is one of the world's largest independent owners and operators of LNG carriers, providing LNG, LPG and crude oil marine transportation services primarily under long-term, fixed-rate charter contracts through its interests in 50 LNG carriers (including 15 newbuildings), 30 LPG/Multigas carriers (including three newbuildings) and five conventional tankers. The Partnership's interests in these vessels range from 20 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 and preferred units trade on the New York Stock Exchange under the symbol “TGP”, “TGP PR A” and “TGP PR B”, respectively.

For Investor Relations enquiries contact:

Ryan HamiltonTel: +1 (604) 609-2963Website: www.teekay.com

Source: Teekay LNG Partners L.P.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Barclays expects more crude export ban chatter, flags best stock to own
• Corona Launches 2026 Beach 100 Guide, Invites The World To Explore The Outdoors This Summer
• Reply and IEO Launch Collaboration to Co-Develop and Train Domain-Specific Large Language Models for Oncology