Core Viewpoint - The international liquefied natural gas (LNG) trade volume in the first half of the year increased due to European replenishment demand, but the growth remains historically low due to renewable energy substitution and persistently high gas prices [1] Group 1: Trade Volume and Growth - The global LNG trade volume for the first half of the year reached 210 million tons, representing a year-on-year increase of 1.24% [1] - Despite the increase, the growth rate is only slightly higher than that of 2024, indicating a slow expansion phase [1] Group 2: Supply and Demand Dynamics - The global LNG market is expected to maintain a tight balance in supply and demand, influenced by weather and geopolitical factors [1] - The acceleration in global LNG liquefaction capacity and the rising share of U.S. supply have led to a more concentrated performance among leading global LNG suppliers [1]