Abstract: The objective of the cooperation on oil and gas is to obtain oil and gas resources.Thus,it is necessary to study the distribution of resources.Favorable investment environment and stable investment policies are the premise for the cooperation object to carry out smoothly and obtain benefit in the end.However,the non-uniform distribution of oil and gas resources,different investment environment and foreign cooperation policies exist in Central Asia and Azerbaijan.On basis of analysis of the total resources and their distribution in Central Asia and Azerbaijan region,the investment policies in host country of the resources was studied and 4 recommendations were made for extending cooperation with those host countries.