Niger and Zimar Group Sign $1.9 Billion Refinery Deal

Niger and the Zimar Group formally signed a convention for the construction of the Dosso refinery on Saturday, August 15, 2026. This significant agreement marks a key step forward for the West African nation's energy infrastructure. The convention outlines the framework for the project, which will be situated in Dosso, a strategic location chosen for its logistical advantages. The new refinery is projected to have a processing capacity of 100,000 barrels per day upon its completion, a capacity that shows its potential to significantly impact the region's petroleum product supply. The signing ceremony solidified the commitments made by both parties, paving the way for the ambitious development.

Project Details and Timeline

The convention outlining the refinery project spans a total duration of 16 years. This full period includes an initial three years dedicated to the construction phase, during which the physical infrastructure of the refinery and its associated facilities will be erected. Following construction, 13 years are allocated for the operational activities of the refinery, according to the agreement. This operational phase will see the refinery producing various petroleum products, contributing to local and potentially regional markets.

The partner involved in the project, Zimar Group, has been allotted a four-month timeframe to finalize the necessary financing arrangements and complete the detailed engineering studies for the facility. This deadline, set to ensure timely progress, is critical for advancing the project to its next stages, allowing for careful planning and resource allocation. The detailed engineering production will lay out the precise technical specifications and design parameters for the entire complex.

A subsequent and significant milestone requires the financial closing for the project to be achieved within 12 months from the date of the convention's signing. This financial closing will solidify the funding structure for the $1.9 billion refinery, enabling the commencement of construction as planned. The successful completion of these initial phases is critical for the project's long-term viability and adherence to the established timeline. The rigorous schedule reflects the urgency and strategic importance placed on this development by all stakeholders.

Strategic Importance and Goals

The convention outlines a full scope for the project, encompassing the design, financing, construction, operation, and eventual transfer of a conventional refinery. This facility is planned with a processing capacity of 100,000 barrels per day and will also include a petrochemical complex, adding value to the raw crude oil processed. The inclusion of a petrochemical complex suggests a broader vision for industrial development, aiming to produce a range of chemical products from petroleum feedstocks. The consortium responsible for developing this project consists of the Zimar Group, identified as a Nigerien company, and High Tech, an American company. This partnership brings together local expertise with international technological capabilities, aiming to ensure the successful execution of the complex project. The collaboration between a Nigerien company and an American company notes the international interest and investment in Niger's energy sector.

Official Statements and Commitments

The overall project cost is estimated at $1.9 billion USD, which is equivalent to 1,077,244,710,000 FCFA. This substantial investment shows the scale and ambition of the Dosso refinery project. The refinery development is structured as a public-private partnership, utilizing a Build, Operate, and Transfer (BOT) model. This framework dictates that the private entity, the consortium of Zimar Group and High Tech, will build and operate the facility for a specified period before transferring ownership to the public sector, specifically the government of Niger. This model is designed to leverage private sector efficiency and funding while ensuring eventual national ownership of critical infrastructure.

The agreement for the refinery follows a Memorandum of Understanding (MOU) that was signed in October 2024. The MOU established the initial framework for cooperation between Niger and the Zimar Group, leading to the formal convention for the Dosso refinery's construction. This initial understanding laid the groundwork for the detailed negotiations and agreements that culminated in the signed convention. This public-private partnership approach is a common strategy for large-scale infrastructure projects globally, aiming to combine government oversight with private sector efficiency and investment. The BOT model, in particular, is often favored for projects requiring significant capital investment and specialized operational expertise, providing a structured approach for their development and long-term management.