Teekay Expands its Presence in LNG with Gasol Agreement

Teekay has signed a Heads of Agreement (HoA) with UK gas independent Gasol to jointly develop Liquefied Natural Gas (LNG) capacity using floating LNG technologies. Together, the partners intend to explore ways to liquefy, ship and regasify LNG from the Gulf of Guinea (excluding Nigeria) to the global LNG markets, including island nations providing niche opportunities.