Second Quarter 2014 Earnings Presentation August 8, 2014 TEEKAY LNG
Recent Highlights Generated Q2-14 distributable cash flow of 61.5 million, an increase of 11% from Q2-13 Declared a Q2-14 cash distribution of 0.6918 per unit TGP, through a new 50/50 joint venture, finalized agreements to provide…
Finalized Contracts for the Yamal LNG Project TGP, through a new 50/50 joint venture with China LNG Shipping, finalized agreements to provide six icebreaker LNG carriers for the Yamal LNG project in Northern Russia Project Summary: o…
Acquired Ownership Interests in Four LNG Carrier Newbuildings Our Sponsor previously secured contracts to provide construction supervision and technical management services to BG Group for four 174,000 cbm LNG carrier newbuildings…
Growing Forward Fixed-Rate Coverage With new Yamal LNG and BG charters, Teekay LNGs total forward fixed-rate revenues increased to approximately 11 billion and the weighted-average remaining duration for our LNG carrier segment…
Exmar LPG JV Renewing Fleet as Exports Increase LPG Rates Rising During High Demand Summer Season Short-term LPG Freight Rates 4,400 4,000 2000 Medium Gas Carrier (MGC) VLGC spot rate 1800 3,600 1600 rates are the highest since…
Adjusted Operating Results for Q2-14 vs. Q1-14 Teekay LNG Partners L.P. Adjusted Net Income (unaudited) Three Months Ended Three Months Ended June 30, 2014 March 31 2014 (in thousands of U.S. Dollars) Reclass for Realized Appendix A…
Distributable Cash Flow and Cash Distribution Three Months Ended Three Months Ended June 30, 2014 March 31, 2014 (unaudited) (unaudited) Net income: 47,912 43,096 Add: Depreciation and amortization 23,530 24,110 Partnerships share…
2014 Drydock Schedule March 31, 2014 (A) June 30, 2014 (A) September 30, 2014 (E) December 31, 2014 (E) Total 2014 Total Total Total Total Total Vessels Vessels Vessels Vessels Vessels Offhire Offhire Offhire Offhire Offhire…