By Veronika Gulyas

BUDAPEST--Hungary may sell its stake in Hungarian oil and gas firm MOL Nyrt. (MOL.BU) should it come under financing pressure, the country's economy minister said Monday.

The state owns a 21.22% stake in MOL which it bought from its previous Russian owner OAO Surgutneftegas.

"Buying that stake was a strategic investment, which also serves the role of strategic financial reserves, being a liquid blue-chip stock," Mr. Matolcsy said in a letter answering a formal question from a lawmaker in parliament and posted on the parliamentary website.

Write to Veronika Gulyas at veronika.gulyas@dowjones.com