Group 1 - China's LNG imports are projected to rebound this year, with an increase of 3% to 10% compared to 2025, totaling between 70.5 million and 75.5 million metric tons [1][3] - In 2025, there was a notable 10% decline in China's LNG imports due to increased domestic natural gas production and a shift towards domestic energy reliance [2][3] - The first half of 2025 saw LNG imports drop by 19% year-on-year, attributed to a mild winter, reduced industrial demand, and higher pipeline imports [3] Group 2 - Recent months have shown an uptick in China's LNG imports, indicating that demand may not be as weak as earlier in 2025 [4] - Lower expected prices from a new supply wave are likely to stimulate additional LNG purchases from China, which seeks cost-effective supplies [4] - Despite the anticipated price drops, China is expected to prioritize boosting domestic and pipeline gas supply over increasing LNG imports, as LNG remains a supplemental fuel due to cost disadvantages [5]