Teekay LNG Partners has sealed $328m of long-term financing as it announced a loss for the third quarter.

The LNG and LPG carrier owner, which also has conventional tankers, said the new credit will fund a floating storage unit (FSU) for the Bahrain regasification facility and one MEGI LNG carrier newbuilding.

It did not provide details of the lenders, but added that the FSU will be chartered over 20 years from the third quarter of 2018.