Lago Oil and Transport Company
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For the oil production company, see Lago Petroleum Corporation.
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),[1] remained in operation until March 31, 1985 when Exxon made the decision to shut down and dismantle both the refinery and Lago Colony.[2]
Quick Facts Country, City ...
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 | ā 10,000 employees (1950ā1960) |
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