MOL is interested in both gas and oil projects in Russia, details still to be discussed - Novak

MOSCOW. March 26 (Interfax) - Hungary's MOL is interested in joining new gas and oil projects in Russia, but specific options still need to be looked at, Russian Deputy Prime Minister Alexander Novak told reporters following the State Duma's consideration of the government's report for last year.

"New projects have not been identified, but in general we are thinking of broadening cooperation between our countries in the energy sector, since our cooperation is mainly related to energy supplies. There is a joint project to build a nuclear power plant, which is being delivered. And there is an upstream project in our country, in which MOL is involved," Novak said.

"Since MOL is an oil and gas company, they are ready to work in any sector. We will look at various options. We are positive about expanding cooperation with our partners," Novak said.