Mr. Herman Bones
Former Senior Advisor, EXXON MOBIL CORPORATION
Member of the Natural Resources Council
Council Member Biography
Herman Bones was a Senior Advisor at ExxonMobil. Mr. Bones has 20 years commercial experience in the LNG and natural gas business. He has experience in strategic planning, project development, project financing and economics, sales contract negotiations and shipping issues in the LNG business. Mr. Bones was previously Senior Vice President of Commercial Planning at Mobil LNG in Singapore. He was responsible for coordinating marketing plans and strategies for LNG projects in Japan, Korea, Taiwan, India, China, Australia, Indonesia and Qatar. Earlier, Mr. Bones was LNG Marketing and Sales Manager with Mobil Oil Indonesia. Mr. Bones holds a BA in economics from Carleton University, Ottawa, Canada. (This is me - Update Profile)
Employment History
- 1999 - 2001
- Senior Advisor, EXXON MOBIL CORPORATION
- 1996 - 1999
- Senior Vice President, Mobil LNG
- 1993 - 1996
- Marketing and Sales Manager, MOBIL INTERNATIONAL PETROLEUM CORPORATION
GLG NewsSM Analyses by Herman Bones
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Does LNG Have A Future in the U.S.?
January 23, 2009
EIA Short-Term Energy Outlook | www.eia.doe.gov
After years of sluggish growth, U.S. gas production increased by more than 10% in the past two years, due to increased conventional drilling (in response to higher prices) as well as unanticipated growth from an unconventional source, shale gas deposits. At the same time, gas demand has been flat due to the economic recession. This near term surge in domestic gas production, coupled with weak demand, has delayed but not eliminated the need for LNG. Looking forward, conventional gas production is almost certain to return to its historical downward trend for both economic and geological reasons. And once U.S. gas demand begins to recover, LNG imports will still be needed to supplement domestic supply, though perhaps not as much and not as soon as originally thought (with much depending on the ultimate potential of shale gas).
GLG Study Groups with Herman Bones(?)
| Study Group Name | No. Members |
|---|---|
| Natural Gas Experts (North America) | 326 |
| LNG Experts | 216 |
| Oil and Gas Pipeline Experts | 178 |
| Natural Gas Pipeline Experts (US) | 94 |
GLG Live Meetings with Herman Bones(?)
Herman Bones has not participated in any GLG Live Meetings.
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