Teekay LNG’s business strategy is to increase distributions per unit by executing on the following:
- Focus on fixed-rate contracts of 10-25 years in initial duration.
- Grow through vessel acquisitions from Teekay Corporation.
- Expand our fleet on a build-to-suit basis for creditworthy customers.
- Opportunistically pursue industry consolidation through direct accretive acquisitions.
- Leverage Teekay’s customer and supplier relationships.
- Provide superior vessel operations.
- Pursue specialized projects in adjacent areas of business including floating storage and regasification units (FSRU).