BG Egypt in talks to import gas from Cyprus

The talks in Nicosia between BG Egypt and Cyprus Hydrocarbons (CHC) revolve around using BG's infrastructure to import gas into the most populous Arab country, BG said in a statement.

"The companies will conduct economic, technical and legal studies around the potential sale of the CHC's gas production," Toula Onoufriou, president of CHC, said in the statement.

Egypt is facing its worst energy crisis in decades, with declining gas production and high consumption that has turned the country from an energy exporter to a net importer in the past three years.

For two years, Egypt has sought to complete a floating liquefied natural gas import terminal to allow it to purchase LNG from abroad.