Total Says No Manipulation of Natgas Market after US Accusations

French oil and gas major Total sa (TTFNF)id on Tuesday that it was convinced its local unit TGPNA had not committed any of the manipulations of natural gas market alleged by U.S. energy regulator FERC.

 

A spokeswowan said Total had fully cooperated with energy regulator FERC in the probe over allegations it manipulated natural gas market in 2009-2012 and transmitted all requested documents.

 

U.S. federal energy regulators on Tuesday alleged traders at French energy company Total SA manipulated the natural gas market in the southwest United States between June 2009 and June 2012.