Teekay LNG Partners has signed an $816m loan package for six jointly-owned newbuildings set for the Yamal project.
New York-listed Teekay LNG confirmed the financing today, leaving 14 of its 15 LNG newbuildings funded.
Brody Speers, chief financial officer of Teekay Gas Group, says the loan is a significant project milestone for Teekay and partner China LNG Shipping.
