LNG

May 19 (LNGJ) - Teekay LNG Partners, a unit of the global Teekay Corp. shipping line, saw first-quarter distributable cash flow drop to $54.4 million from $66.2M in the same three months a year ago. These decreases were partially offset by the 174,000 cubic metres capacity LNG carrier “Creole Spirit” commencing its charter contract with Cheniere Energy of the US in late February 2016 and shipping a cargo from the Sabine Pass export plant in Louisiana to the Sines import terminal in Portugal.