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Subject:  First time for TGP Date:  12/13/2012  8:21 PM
Author:  Hohum777 Number:  2796 of 3746

TGP has typically not acquired an LNG vessel without having an attached charter. That changed
this week with TGP placing a 2 + 3 newbuild order. Neither vessel has a long-term contract, but the
partnership hope to acquire long term contracts prior to vessel delivery.

In terms of timing, it could go either way. On one hand, the MLP appears to be timing their
vessel deliveries with the LNG production ramp-up. OTOH, a whole lot of companies placed orders
for earlier delivery, and these companies might soak up potential demand with a more available
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