Teekay LNG Partners has reported an increase in profit and distributable income for the third quarter of 2011.
It amounted to $29.7m compared with an adjusted loss of $40m for the same quarter last year.
For 2011 so far, the company has made a profit of $79.1m, compared with $69.6 for the first nine months of 2010.
In a statement the company reported that the increase was as a result of increased income following the acquisition of a 50% interest in two LNG carriers last November.
These
