Teekay LNG declares cash distribution

Teekay LNG Partners has declared a cash distribution of $0.70 per unit for the quarter ended September 30, 2015. 

The cash distribution is payable on November 13 to all unitholders of record as at October 13, the company said on Friday.

Teekay is one of the world’s largest operators of LNG tankers with interests in 50 vessels, including one LNG regasification unit and 21 newbuildings.