IMTT: Biggest NY harbor Oil Terminal Resumes Partial Operations
11.02.2012 - NEWS

November 05, 2012 [Reuters] - The 16-million-barrel International-Matex Tank Terminals oil terminal in Bayonne, New Jersey has partially re-opened following power losses due to superstorm Sandy, its operator said on Saturday.


IMTT Bayonne fuel terminal, the biggest in the New York Harbor, is still “coming back online,” said terminal manager Richard Fisette.

As of Saturday, around half of the facilities at the site were back to normal operation and the major regional fuel repository was awaiting nominations, or orders to ship out fuel, from its customers, Fisette said.

A pipeline serving the facility is operational and damage assessments at the site have not indicated fuel leakage from tanks or pipelines there, Fisette added.

Bayonne, New Jersey was hard hit by Sandy and, like other low-lying areas of the Northeast, suffered flooding and power outages when Sandy made landfall on Monday.

A part owner of the IMTT Bayonne terminal, Macquarie, said on Friday that the terminal was expected to restart next week.

Located in both New York and New Jersey, the New York Harbor’s facilities can store more than 75 million barrels of oil. IMTT’s terminal accounts for around a fifth of the Harbor’s total capacity.
The Harbor resumed operations and ship traffic on Friday, but oil industry sources say that supply chains are still under strain, and some other New York Harbor fuel terminals are still completely shut.

Retail gasoline and heating oil distribution remains strained following Sandy. Some heating oil distributors in the New York City area said on Friday they are uncertain when regular shipments of heating fuel will resume from the Harbor to distribution centers around the city.

IMTT, headquartered in New Orleans, Louisiana, owns and operates 10 marine storage terminals in the United States and is the part owner and operator of two terminals in Canada. It has a storage capacity of more than 43 million barrels across all its terminals.

ADNOC Gas Q4 2025 Net Income Decreases 15% to $1.2bn
02.10.2026 - NEWS
February 10, 2026 [Offshore Technology]- ADNOC Gas has reported a net income of $1.17bn for the f... Read More
AI Loses Its Shine as Money Rotates Back Into Big Oil
02.10.2026 - NEWS
February 10, 2026 [Oil Price]- Big Tech plans to spend hundreds of billions on AI this year, the ... Read More
Shell’s Oil Reserves Have Dropped to Lowest Levels Since 2013
02.10.2026 - NEWS
February 10, 2026 [Oil Price]- British Oil and Gas giant Shell Plc. (NYSE:SHEL) needs an explor... Read More
China's LNG Imports Set to Recover in 2026 Though Not to 2024 Level
02.10.2026 - NEWS
February 10, 2026 [Reuters]- China’s liquefied natural gas imports are set to rise in 2026 ... Read More