Teekay LNG Partners L.P. is an international provider of marine transportation services for liquefied natural gas (LNG), liquefied petroleum gas (LPG) and crude oil. The Company operates in two segments: liquefied gas segment and conventional tanker segment. As at December 31, 2011, its liquefied gas segment consisted of 20 LNG carriers (including nine LNG carriers included in joint ventures that are accounted for under the equity method), three LPG carriers and two Multigas carriers. As of December 31, 2011, its conventional tanker segment consisted of ten Suezmax-class crude oil tankers and one Handymax product tanker operating on long-term, fixed-rate time-charter contracts to international energy and shipping companies. The Company�s subsidiaries include Teekay LNG Operating L.L.C., Teekay Spain S.L., Teekay LNG Holdings L.P. and Teekay Nakilat Holdings Corporation.