Lago Oil and Transport Company
Lago Oil & Transport Co. Ltd. was established in 1924 as a shipping company responsible for transporting crude oil from Lake Maracaibo to its transshipment facility on the island of Aruba. The Lago refinery, a subsidiary of the Standard Oil Company (Exxon), remained in operation until March 31, 1985 when Exxon made the decision to shut down and dismantle both the refinery and Lago Colony.
Country | Aruba |
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City | San Nicolas |
Refinery details | |
Owner(s) | Exxon |
Commissioned | 1924 |
Decommissioned | 1985 |
Capacity | 440,000 bbl/d (70,000 m3/d) |
No. of employees | ≈ 10,000 employees (1950–1960) |
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