Does anyone know on a % basis how much tgp earnings come from oil transportation versus lng? I know tgp has both and is more of an lng carrier. My thiinking is the oil side of things will be weak since a lot of new production has been brought on line in the US. all comments welcome.
I've wondered as well about TGP's oil tanker business as well, but I don't anymore. If they are doing as well as the rest of the industry it's horrible. period. I wish they could get rid of them but Teekay the parent likes things just the way they are...Love the recent price movement though.