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ETP agrees to settlement in nat gas case-FERC

Mon Sep 21, 2009 12:55pm EDT

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WASHINGTON, Sept 21 (Reuters) - The Federal Energy Regulatory Commission said on Monday that Energy Transfer Partners (ETP.N) aggreed to pay $30 million to settle its natural gas manipulation case.

The agency said ETP aggreed to settle allegations that it manipulated physical wholesale natural gas prices at Houston Ship Channel on specific dates from 2003 through 2005.

(Reporting by Russell Blinch; Editing by David Gregorio)



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