src: credbc.ca
The Natural Gas Revenue Fund (NGRF) is the proposed sovereign wealth fund of Tanzania expected to be launched in October 2014 or February 2015 after the enactment of a bill by the National Assembly. It will manage 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 will be managed by the Bank of Tanzania. However, according to PFC Energy, 25 to 30 trillion cubic feet of recoverable natural gas resources have been discovered in Tanzania since 2010.
Video Natural Gas Revenue Fund
See also
- Economy of Tanzania
Maps Natural Gas Revenue Fund
References
src: upload.wikimedia.org
External links
- THE NATIONAL NATURAL GAS POLICY OF TANZANIA - 2013
- Editorial: Sovereign Wealth Fund a well thought idea
Source of the article : Wikipedia
0 Comments