Canada’s Zimar to build $1.9 bln refinery complex in Niger
Canadian firm Zimar secures deal to develop a 200,000 bpd refinery in Niger, backed by Nigerien state oil firm SONIDEP. Project to cost $1.9 billion.
Canadian energy company Zimar has signed an agreement to construct a $1.9 billion refinery complex in Niger, the West African nation’s state oil corporation announced on Monday.
The project, valued at approximately $1.9 billion, will include a 200,000 barrels-per-day (bpd) refinery, according to a statement from SONIDEP, Niger’s state-owned oil company. The facility is expected to enhance Niger’s domestic fuel production capacity and reduce reliance on refined product imports.
Zimar will lead the development, while SONIDEP will provide strategic support and local infrastructure coordination. The refinery is part of Niger’s broader efforts to expand its energy sector amid rising regional demand for petroleum products.
No further financial or operational details were disclosed in the announcement. The project’s timeline and funding structure remain unconfirmed.
David reports on energy, metals and agricultural markets, tracking how supply signals and safe-haven demand move prices across the commodities complex.
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