EXHIBIT 25.2
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FORM T-1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
CHECK IF AN APPLICATION TO DETERMINE
ELIGIBILITY OF A TRUSTEE PURSUANT TO
SECTION 305(b)(2) [ ]
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THE BANK OF NEW YORK
(Exact name of trustee as specified in its charter)
New York 13-5160382
(State of incorporation (I.R.S. employer
if not a U.S. national bank) identification no.)
One Wall Street, New York, N.Y. 10286
(Address of principal executive offices) (Zip code)
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TEEKAY LNG PARTNERS L.P.
(Exact name of obligor as specified in its charter)
Republic of the Marshall Islands 98-0454169
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
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TEEKAY LNG FINANCE CORP.
(Exact name of obligor as specified in its charter)
Republic of the Marshall Islands 98-0506852
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
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TEEKAY LNG OPERATING L.L.C.
(Exact name of obligor as specified in its charter)
Republic of the Marshall Islands 66-0657756
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
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AFRICAN SPIRIT L.L.C.
(Exact name of obligor as specified in its charter)
Republic of the Marshall Islands 98-0428182
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
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ASIAN SPIRIT L.L.C.
(Exact name of obligor as specified in its charter)
Republic of the Marshall Islands 98-0447129
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
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EUROPEAN SPIRIT L.L.C.
(Exact name of obligor as specified in its charter)
Republic of the Marshall Islands 98-0428235
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
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TEEKAY LUXEMBOURG S.A.R.L.
(Exact name of obligor as specified in its charter)
Luxembourg 98-0442934
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
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TEEKAY SPAIN, S.L.
(Exact name of obligor as specified in its charter)
Spain 98-0442935
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
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TEEKAY II IBERIA S.L.
(Exact name of obligor as specified in its charter)
Spain 98-0442936
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
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TEEKAY SHIPPING SPAIN, S.L.
(Exact name of obligor as specified in its charter)
Spain 98-0442937
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
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NAVIERA TEEKAY GAS, S.L.
(Exact name of obligor as specified in its charter)
Spain 98-0442938
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
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NAVIERA TEEKAY GAS II, S.L.
(Exact name of obligor as specified in its charter)
Spain 98-0442939
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
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NAVIERA TEEKAY GAS III, S.L.
(Exact name of obligor as specified in its charter)
Spain 98-0442940
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
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NAVIERA TEEKAY GAS IV, S.L.
(Exact name of obligor as specified in its charter)
Spain 98-0442941
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Bayside House, Bayside Executive Park N/A
West Bay Street and Blake Road (Zip code)
P.O. Box AP-59212
Nassau, Commonwealth of the Bahamas
(Address of principal executive offices)
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Subordinated Debt Securities
(Title of the indenture securities)
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1. GENERAL INFORMATION. FURNISH THE FOLLOWING INFORMATION AS TO THE TRUSTEE:
(a) NAME AND ADDRESS OF EACH EXAMINING OR SUPERVISING AUTHORITY TO WHICH
IT IS SUBJECT.
<Caption>
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Name Address
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Superintendent of Banks of the State of New York One State Street, New York, N.Y.
10004-1417, and Albany, N.Y.
12223
Federal Reserve Bank of New York 33 Liberty Street, New York, N.Y.
10045
Federal Deposit Insurance Corporation Washington, D.C. 20429
New York Clearing House Association New York, New York 10005
</Table>
(b) WHETHER IT IS AUTHORIZED TO EXERCISE CORPORATE TRUST POWERS.
Yes.
2. AFFILIATIONS WITH OBLIGOR.
IF THE OBLIGOR IS AN AFFILIATE OF THE TRUSTEE, DESCRIBE EACH SUCH
AFFILIATION.
None.
16. LIST OF EXHIBITS.
EXHIBITS IDENTIFIED IN PARENTHESES BELOW, ON FILE WITH THE COMMISSION, ARE
INCORPORATED HEREIN BY REFERENCE AS AN EXHIBIT HERETO, PURSUANT TO RULE
7A-29 UNDER THE TRUST INDENTURE ACT OF 1939 (THE "ACT") AND 17 C.F.R.
229.10(d).
1. A copy of the Organization Certificate of The Bank of New York
(formerly Irving Trust Company) as now in effect, which contains the
authority to commence business and a grant of powers to exercise
corporate trust powers. (Exhibit 1 to Amendment No. 1 to Form T-1
filed with Registration Statement No. 33-6215, Exhibits 1a and 1b to
Form T-1 filed with Registration Statement No. 33-21672, Exhibit 1
to Form T-1 filed with Registration Statement No. 33-29637 and
Exhibit 1 to Form T-1 filed with Registration Statement No.
333-121195.)
4. A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form
T-1 filed with Registration Statement No. 333-121195.)
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6. The consent of the Trustee required by Section 321(b) of the Act.
(Exhibit 6 to Form T-1 filed with Registration Statement No.
333-106702.)
7. A copy of the latest report of condition of the Trustee published
pursuant to law or to the requirements of its supervising or
examining authority.
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SIGNATURE
Pursuant to the requirements of the Act, the Trustee, The Bank of New
York, a corporation organized and existing under the laws of the State of New
York, has duly caused this statement of eligibility to be signed on its behalf
by the undersigned, thereunto duly authorized, all in The City of New York, and
State of New York, on the 27th day of September, 2006.
THE BANK OF NEW YORK
By: /S/ Beata Hryniewicka
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Name: Beata Hryniewicka
Title: Assistant Vice President
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