The global financial crisis led to a serious narrowing of the EU gas market – the main market for Azerbaijan in the future. Baku is forced to find a solution for their surplus of gas production. The Azerbaijani strategy in the gas sphere is a diversified export policy with a huge list of partners, whereby Baku has more than twenty consumers for its oil in different parts of the world, just as they have already achieved in the oil market. This article evaluates the alternative paths taken by the Azerbaijani government in constructing its export policy.