Teekay LNG declares distribution

Teekay LNG Partners, one of the world’s largest independent owners and operators of LNG carriers, has declared a cash distribution of $0.70 per unit for the quarter ended March 31, 2015.

The cash distribution is payable on May 15, 2015 to all unitholders of record as at April 13, 2015, Teekay said in a statement.

Teekay LNG has interests in 48 LNG carriers (including one LNG regasification unit and 19 newbuildings), 30 LPG/Multigas carriers  and eight conventional tankers.

Image: Teekay