BUDAPEST, March 2 (Xinhuanet) -- Hungary has no plans to expand its only nuclear plant, the Paksi Atomeromu plant, or build a new one, Hungarian Prime Minister Ferenc Gyurcsany said Thursday.

    "We know that nuclear energy experts have been working for several years on the issue of whether it will be necessary or possible in Hungary in the long term to build a new block. If anybody tables a proposal regarding the issue, a decision should be made by a referendum. But we are nowhere near that," Gyurcsany said.

    Gyurcsany's remarks came in response to reports by Russian newspapers which suggested that Russian investors were ready to invest in nuclear energy development in Hungary.

    Russian media referred to a memorandum, signed by Hungary's national electricity company MVM owning the Paks facility and Russia's energy holding company KES and nuclear plant developer Atomstroiek sport in Budapest this week during Russian President Vladimir Putin's there.

    After signing the memorandum, KES declared it was willing to co-finance the extension of the lifespan of the Paks nuclear plantand to increase its output by 15-20 percent, the Russian papers reported.

    "The document was signed to provide a framework for actual agreements in the future," MVM said, adding that extending the life of the plant at Paks, which provides 40 percent of the country's power supply, was a key responsibility.

    Two incidents have occurred at the Paks nuclear plant, which islocated 110 km south of Budapest. Enditem.