TRIGGER GATEWAY
Panama countersignature
TIME HORIZON · Q2 2026 → Q2 2035
2026
2027
2028
2029
2030
2031
2032
2033
2034
Q2 Q3 Q4 Q2 Q3 Q4 Q2 Q3 Q4 Q2 Q3 Q4 Q2 Q3 Q4 Q2 Q3 Q4 Q2 Q3 Q4 Q2 Q3 Q4 Q2 Q3 Q4
2026
Q2
Q3
Q4
2027
Q1
Q2
Q3
Q4
2028
Q1
Q2
Q3
Q4
2029
Q1
Q2
Q3
Q4
2030
Q1
Q2
Q3
Q4
2031
Q1
Q2
Q3
Q4
2032
Q1
Q2
Q3
Q4
2033
Q1
Q2
Q3
Q4
2034
Q1
Q2
Q3
Q4
2035
Q1
Q2
★
CONSORTIUM
★
FID
★
LAUNCH
★
REFINERY
F0 · Concept
currently active · Q2 2026
F1 · NEXUS ORIGO SPFD
Q3 — Q4 2026 · ~5 mo
SPFD →
Platform / Partner LOIs
Q3 2026 — Q1 2027
F2 · Bankable Feasibility
Q1 — Q4 2027 · ~9–10 mo
F3 · FEED + ESIA
Q4 2027 — Q4 2028 · ~12 mo
F4 · Detailed Design + Financial Close
Q4 2028 — Q1 2029
F5 · Construction
Q2–Q3 2029 — Q4 2033 · ~4.5 yr
F6 · Commissioning + Operations
Q1 2034 — Q2 2035 →
★
Consortium
★
FID
★
Launch
★
Refinery
SOVEREIGN AND GOVERNMENT
F0 Conceptcurrently active — Q2 2026
FINANCIAL AND CAPITAL
Platform / Partner LOIsQ3 2026 — Q1 2027
F4 Detailed Design + Financial CloseQ4 2028 — Q1 2029
TECHNICAL AND INDUSTRIAL
F1 NEXUS ORIGO SPFDQ3 2026 — Q4 2026 (~5 months)SPFD →
F2 Bankable Feasibility StudyQ1 2027 — Q4 2027 (~9–10 months)
F3 FEED + ESIAQ4 2027 — Q4 2028 (~12 months)
F5 ConstructionQ2–Q3 2029 — Q4 2033 (~4.5 years)
F6 Commissioning + OperationsQ1 2034 — Q2 2035 →
Legend
Sovereign and Government
Financial and Capital
Technical and Industrial
Trigger gateway — LOI countersignature
★Panamanian presidential ceremonial moment
Indicative timeline. Phase durations are aligned with global energy-infrastructure benchmarks; F2–F6 timing remains subject to refinement (the F1 Roadmap and Phasing module produces the precise downstream schedule). The plan is in the structuring and acceptance phase; no sovereign or partner commitments are stated.
Tap any phase or ★ marker for detail.