LNG a victim of own success: S&P boss

LNG producers with exposure to the oil price are likely to continue to face headwinds for some years according to global ratings agency, Standard and Poor's, with earnings growth for the sector could fall by about 100% in the first quarter from the same period last year.

LNG a victim of own success: S&P boss LNG a victim of own success: S&P boss LNG a victim of own success: S&P boss LNG a victim of own success: S&P boss LNG a victim of own success: S&P boss

S&P's price assumptions for 2016 are for Brent crude to average around $40/bbl, but while oil earnings are set to plunge the overall earnings growth for the entire S&P 500 is expected to drop

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