Teekay LNG Partners declares cash distribution

Teekay LNG Partners, one of the world’s largest owners of LNG carriers on Friday declared a cash distribution for the quarter ended June 30, 2016. 

According to the company’s statement, it has declared a cash distribution of US$0.14 per unit.

The cash distribution is payable on August 12, 2016 to all unitholders of record on July 29, 2016.

Teekay LNG Partners  holds interests in 50 LNG carriers, including one LNG regasification unit and 20 newbuildings.