Azerbaijan is one of the fastest growing economies in terms of GDP among the post-soviet countries. The economic influence of the country in its region rises year by year, which mainly rely on country`s returns from hydrocarbon resources (mainly oil and gas resources). By building oil and gas pipelines, exporting its carbo-hydrogen resources to the Europe Azerbaijan has become very significant partner of European region as an alternative source of energy security of European continent. This work mainly addressed SOFAZ role and function in Azerbaijan economy and content of its portfolio building. The three interviews have been conducted to shed light on the portfolio construction and optimization process.