Teekay LNG Partners L.P. Updates Distribution Record Date
1/24/2013 9:10 PM EST
FOR: TEEKAY LNG PARTNERS L.P.
NYSE SYMBOL: TGP
January 24, 2013
Teekay LNG Partners L.P. Updates Distribution Record
Date
HAMILTON, BERMUDA--(Marketwire - Jan. 24, 2013) -
Teekay GP LLC, the general partner of Teekay LNG
Partners L.P. (Teekay LNG or the Partnership)
(NYSE:TGP), today announced a revised record date for
its previously declared cash distribution of $0.675
per unit for the quarter ended December 31, 2012. The
cash distribution is payable on Thursday, February
14, 2013 (unchanged) to all unitholders of record on
Monday, February 4, 2013. This record date supersedes
the previously announced record date of Friday,
February 1, 2013 for the distribution for the quarter
ended December 31, 2012.
About Teekay LNG Partners L.P.
Teekay LNG Partners 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
ranges from 33 to 100 percent. In addition, Teekay
LNG has agreed to acquire a 50 percent interest in a
new joint venture with EXMAR NV, which will own and
in-charter LPG carriers, and expects this transaction
to close in early-2013. The Partnership also recently
entered into an agreement for the construction of two
LNG carrier newbuildings from DSME of South Korea,
which are expected to be delivered in 2016. 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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FOR FURTHER INFORMATION PLEASE CONTACT:
Teekay LNG Partners L.P. - Investor Relations
Kent Alekson
+1 (604) 609-6442
www.teekaylng.com
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