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Oil and Gas

India's GAIL aims to import 75 LNG cargoes in FY20 - exec

NEW DELHI, May 27 (Reuters) - • GAIL (India) Ltd sold 100% U.S. LNG till 2020, and about 80%-90% beyond 2020, Chairman B C Tripathi said

• GAIL aims to import 75 LNG cargoes in FY20 Vs 62 in FY19

• GAIL aims to borrow 50 bln rupees in FY20

• GAIL pegs FY20 capex at 70 bln rupees

• GAIL has signed MoU with ExxonMobil to explore use of LNG for transportation and bunkering (Reporting by Nidhi Verma)

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