MODELLING INVESTMENT IN NATURAL GAS INFRASTRUCTURE: AUSTRALIA AND SWEDEN IN COMPARATIVE PERSPECTIVE

José Alberto Hernández Ibarzábal
University of Pompeu Fabra Spain

This article constructs a model of the natural gas sector and then applies it to
analyze the cases of Sweden and Australia over the 2000-10 period. This qualitative
case comparison is focused on the multidimensional and multidisciplinary process
surrounding financial (or private) investment in natural gas infrastructure with
special emphasis on institutional conditions, regulatory governance and
regulatory, energy and energy tax policies. The main objectives are to test a model
that could be generalized to other countries and infrastructures; to generate
knowledge in these areas on a theoretical level; and to present a comparison of
two case study countries.