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Gas shipper Exmar to get $56 mln from Teekay JV

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Published: Tuesday, 26 Mar 2013 | 1:01 PM ET

BRUSSELS, March 26 (Reuters) - Belgian gas shipping company Exmar is to net a $56 million capital gain from its LPG (liquefied petroleum gas) joint venture with Teekay LNG Partners , which it will record in its first-quarter results, it said on Tuesday.

The company added it would propose a gross dividend of 0.4 euros per share.

(Reporting By Ben Deighton; Editing by Adrian Croft)

((ben.deighton@thomsonreuters.com)(+32 2287 6811)(Reuters Messaging: rm://ben.deighton.thomsonreuters.com@reuters.net))

Keywords: EXMAR CAPITALGAIN/

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BRUSSELS, March 26- Belgian gas shipping company Exmar is to net a $56 million capital gain from its LPG joint venture with Teekay LNG Partners, which it will record in its first-quarter results, it said on Tuesday.
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