Natural Gas Revenue Fund

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]

Natural Gas Revenue Fund
Native name
Mfuko wa Mapato ya Gesi Asilia
Company typeSovereign wealth fund
Founded2015
Headquarters,
AUMTBD
OwnerTanzanian Government
Songo Songo Gas Plant

See also

References