Starting from the mean-field solution of a spin-orbital model of LiNiO2, we derive an effective quantum dimer model (QDM) that lives on the triangular lattice and contains kinetic terms acting on four-site plaquettes and six-site loops. Using exact diagonalizations and Green’s function Monte Carlo simulations, we show that the competition between these kinetic terms leads to a resonating valence bond (RVB) state for a finite range of parameters. We also show that this RVB phase is connected to the RVB phase identified in the Rokhsar-Kivelson model on the same lattice in the context of a generalized model that contains both the six-site loops and a nearest-neighbor dimer repulsion. These results suggest that the occurrence of an RVB phase is a generic feature of QDM with competing interactions.