Teekay LNG Partners LP is a provider of marine transportation services for liquefied natural gas, liquefied petroleum gas and crude oil. The company primarily focuses on expanding the fleet of LNG (Liquefied natural gas)and LPG (Liquefied Petroleum Gas) carriers under long-term, fixed-rate charters. The company operates in two reportable segments, i.e. Liquefied gas segment and Conventional tanker segment. The company generates its revenues by charging customers for the transportation of their LNG, LPG and crude oil using vessels. The majority of these services are provided through either a time-charter or bareboat charter contract.