"I will take my decision without any pressure, wherever it may come from, and based on two criteria - the interests of France and the appreciation I have of the situation," Hollande told a press conference after the G20 summit.
Russia on Friday reportedly warned of "serious" consequences unless Paris quickly delivers the first of two Mistral-class helicopter carriers on order.
The handover has been delayed due to Western concern at Moscow's role in the Ukraine crisis.
However the delivery dispute was not mentioned in the portion of their talks which was open to the press, and a source said the matter was not discussed during the entire meeting between the two.
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With Moscow expecting the first of the two French carriers to be delivered on November 14, Russia's state news agency RIA Novosti quoted a high-ranking Moscow source as saying Friday, "We are preparing for different scenarios. "We are waiting until the end of the month, then we will lodge serious claims."
But with this year's Ukraine crisis and the rapid decline in the West's relations with Russia, France has come under intense pressure from allies, particularly the United States, not to supply the vessels.
In September it postponed the delivery of the ships indefinitely.
Russia denies involvement in the Ukraine conflict, but Western powers fear a possible escalation in fighting.
Seven months of fighting in eastern Ukraine have claimed the lives of more than 4,000 people, according to UN figures.