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Tanzanian sovereign wealth fund From Wikipedia, the free encyclopedia
The Natural Gas Revenue Fund (NGRF) is the sovereign wealth fund of Tanzania launched in 2015 after the enactment of a bill by the National Assembly.[1][2] It manages the revenue accrued from the sale of its natural gas. As of April 2014, Tanzania has a recoverable gas reserve of 43.1 tcf. The fund is managed by the Bank of Tanzania.[3] However, according to PFC Energy, 25 to 30 trillion cubic feet of recoverable natural gas resources have been discovered in Tanzania since 2010.[4]
Native name | Mfuko wa Mapato ya Gesi Asilia |
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Company type | Sovereign wealth fund |
Founded | 2015 |
Headquarters | , |
AUM | TBD |
Owner | Tanzanian Government |
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