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Teekay LNG (TGP): Shipping profits in natural gas |
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| Jul 24, 2008 02:05 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: International markets, Newsletters, Commodities, Oil, Stocks to Buy "Natural gas is one of the world's most-sought-after fuels; not only is it cleaner burning and more efficient than traditional fossil fuels, it's also more efficient to transport," says Keith Fitz-Gerald. In his always-intriguing The Money Map Reporter, he explains, "Our latest featured idea is Bermuda-based Teekay LNG Partners LP (NYSE: TGP), a liquid natural gas shipper which we consider a safe port in any economic storm." "Many investors don't realize that liquid natural gas (LNG) comes from Indonesia, Malaysia, Qatar and other faraway places - transported by specially designed ships - and that we don't have the industrial capacity to meet modern-day demand. "Teekay LNG Partners LP is a publicly traded master limited partnership formed by Teekay Corp. (NYSE: TK), a provider of international transportation services for petroleum products. "The company provides marine transportation services for LNG through a fleet of ships that it owns or operates under various long-term contracts known as 'time charters.' These 15 to 20-year pacts are reached with such major energy companies. Continue reading Teekay LNG (TGP): Shipping profits in natural gas Permalink | Email this | Comments<map name="google_ad_map_145-1266262"><area href="http://imageads.googleadservices.com/pagead/imgclick/145-1266262?pos=0" shape="rect" coords="1,2,367,28" /><area href="http://services.google.com/feedback/abg" shape="rect" coords="384,10,453,23" /></map> 
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