Natural gas supply is set to rise incrementally in the coming years, before jumping in 2025, analysts told CNBC. But analysts are divided on whether demand will continue to outstrip supply in years to come.

The current gas crisis will likely repeat itself again, said Richard Gorry, managing director of JBC Energy Asia. “ This will be a crisis that is reoccurring over the next three or four years — simply because we don’t have a lot of new natural gas supply coming into the market in that period, ” he told CNBC’s “Capital Connection” in mid-October.

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China’s imports of liquefied natural gas will likely grow 10% to new highs this year as companies scoop up cheap supplies to cover increasing industrial use and robust residential demand.

With its total natural gas use likely expanding at 4-6% this year, China is the only major bright spot on the world gas market, where demand is set to fall by about 4% as the global economy contracts due to coronavirus lockdowns.

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