2013-02-21 02:56:42 -
HAMILTON, BERMUDA--(Marketwire - February 20, 2013) - Teekay LNG Partners L.P.
(Teekay LNG or the Partnership) (NYSE:TGP) announced that Mr. Joseph E.
McKechnie has accepted an invitation to join Teekay LNG''s Board of Directors,
effective February 19, 2013.
Mr. McKechnie brings considerable experience in the gas business to the Teekay
LNG Board. Mr. McKechnie is a retired United States Coast Guard Officer, having
served for more than 23 years, many of which focused on marine safety and
security with an emphasis on liquefied natural gas (LNG). Commencing in 2000,
Mr. McKechnie held various positions with Tractebel LNG North America (formerly
Cabot LNG) and its parent company GDF-SUEZ, including Deputy Head of the
Shipping Department. Mr. McKechnie is a former member of the Board of Directors
for the Society of International Gas Tankers
and Terminal Operators (SIGTTO).
"Joseph McKechnie''s extensive LNG industry experience will make him an
invaluable member of Teekay LNG''s Board of Directors as we continue to expand
our LNG business," commented Mr. C. Sean Day, Chairman of Teekay LNG''s Board of
Directors.
In addition, Mr. Kenneth Hvid rejoined the board on February 19, 2013, after
briefly resigning on September 14, 2012 to maintain a majority of independent
directors. Mr. Hvid is the Chief Strategy Officer, Teekay Corporation (Teekay or
the Company) (NYSE:TK). Mr. Hvid joined Teekay in 2000 and has held several
positions including leading the procurement team, Senior Vice President of
Teekay Gas Services, and President of Teekay Navion Shuttle Tankers and Offshore
Services. Mr. Hvid has 24 years of global shipping experience, 12 of which were
spent with A.P. Moller in Copenhagen, San Francisco and Hong Kong. In 2007, Mr.
Hvid joined the board of Gard P. & I. (Bermuda) Ltd.
About Teekay LNG Partners L.P.
Teekay LNG Partners is the world''s third largest independent owner and operator
of LNG carriers, 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 29 LNG carriers (including one LNG
regasification unit and two newbuildings), 30 LPG/Multigas carriers (including
five chartered-in LPG carriers and eight newbuildings) and 11 conventional
tankers. The Partnership''s interests in these vessels range from 33 to 100
percent. 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".
Teekay LNG Partners L.P.
Kent Alekson
Investor Relations Enquiries
+1 (604) 609-6442
www.teekaylng.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Teekay LNG Partners L.P. via Thomson Reuters ONE
[HUG#1679882]