~ Call on your broker or financial advisor to review your investments for companies that could be subject to sanctions.  Let your investment professionals know that you do not want to be supporting Iran through your investments now or in the future.
~ If you have direct holdings in the energy companies with an investment larger than $20 million in the Iranian energy sector, sell as soon as is feasible for you.
~ If you hold mutual funds or other co-mingled funds that have holdings in those companies you have several options.
        ~ Sell the funds and contact the companies and/or fund managers to let them know
        why you will be selling your investment.
        ~ If you choose not to sell mutual funds and other co-mingled investments that include
        investments in the Iranian energy sector, urge the fund management to consider offering
        terror-free or Iran-free investment alternatives.  Let the managers know that in the future
        you will be taking this into consideration in your investment decisions.
~ Let your business associates, friends and family know about your efforts, and encourage them to do the same.
~ Conserve energy and support alternative energy research to help reduce America’s dependence on foreign oil.  A few small changes in your daily routine could result in a significant reduction in your personal energy consumption.
~ Contact your congressional representatives and urge them to support legislation aimed at economically isolating Iran.
        ~ The Iran Counter-Proliferation Act (H.R.1400/S.970) closes loopholes in existing sanctions
        law, strengthens U.S. tools to cut off funds to Iran’s nuclear program and prohibits U.S.
        nuclear cooperation with those aiding Iran’s atomic efforts.
        ~ The Iran Sanctions Enabling Act authorizes state and local governments to divest from
        companies investing in Iran's petroleum and natural gas sector and protecting fund
        managers who divest from such companies from potential lawsuits.
        ~ U.S. House of Representatives
                ~ Urge your representative to vote for the Iran Counter-Proliferation Act (H.R. 1400)
                when it comes to the House floor this fall and thank members who voted for the Iran
                Sanctions Enabling Act (H.R. 2347).
        ~ U.S. Senate
                ~ Urge senators to cosponsor the Iran Counter-Proliferation Act (S. 970) and the Iran
                Sanctions Enabling Act (S. 1430).  Thank those members who have already
                cosponsored the bills.  Senator Durbin is lead sponsor on S.970 and Senator Obama
                is lead sponsor on S.1430.   Thank them for their leadership.
        ~ Your congressional representative can be reached through the Capitol Switchboard at
        202-225-3121.  Senator Durbin’s office can be reached at 313-353-4952.  Senator
        Obama’s office can be reached at 312-886-3506.

The following is a list of foreign companies at risk for being sanctioned by the U.S. for investing in Iran’s oil and natural gas sector in violation of the Iran Sanctions Act, ISA (originally the “Iran-Libya Sanction Act of 1996”).  Foreign companies subject to sanctions have made an investment of $20 million or more in any given year that directly and significantly contributed to the enhancement of Iran's ability to develop its petroleum resources.  (Note: U.S. companies have been barred from direct investments in Iran since a 1996 Executive Order).

Total (France)
~ In each of the years since the passage of ISA, TOTAL has made investments in Iran (excluding South Pars) in excess of $20 million. TOTAL expects to continue to invest amounts significantly in excess of $20 million per year in Iran in the foreseeable future.(SEC Form 20-F for TOTAL SA, 04/10/2007)
Royal Dutch Shell (Dutch) and Repsol (Spain)
~ In January 2007, Shell, in partnership with Repsol, signed a preliminary deal to develop sections 13 and 14 of the South Pars field. According to the Iranians, the deal is valued at $10 billion.  (The Associated Press, January 30, 2007)
ENI (Italy)
~ In June 2001 ENI signed a $1 billion contract to explore Iran’s Darkhovin oil field  (Energy Information Agency, Dept. of Energy, 8/06)
INPEX (Japan)
~ In 2004 INPEX signed an agreement to develop the Azadegan oil field.  Under the agreement INPEX held a 75% stake inn the $2 billion project and the other 25% share was held by the National Iranian Oil Company (NIOC).  (Congressional Research Service, August 2006 & International Oil Daily, October 10, 2006)
Oil and Natural Gas Company, ONGC, Indian Oil Corporation (IOC) and Oil India Ltd (OIL_
~ In October 2004, ONGC along with SINOPEC negotiated a long term deal with the National Iranian Oil Company for the development of Yadavaran, Iran’s biggest onshore oil field. f implemented in full the deals could be worth over $100 billion.  (Congressional Research Service, October 2006 and International Oil Daily, February 5, 2007)
Petronas (Malaysia)
~ In September 1997, Petronas signed a $2 billion contract along with Gazprom and Total to develop phases 2 and 3 of the South Pars natural gas field.  (Congressional Research Service, August 2006)
Petrobras (Brazil)
~ In July 2004, Petrobras signed a $34 million deal to drill in the Iranian part of the Caspian Sea.  (Energy Information Agency, Department of Energy, August 2006)
GS Holding Corp (South Korea)
~ In September 2002, Iran signed a $1.6 billion development contract with South Korea's LG Construction to development phases 9 and 10 of the South Pars gas fields.  (Energy Information Agency, Department of Energy, August 2006)
Norsk Hydro (Norway)
~ In 2005, Hydro was announced as the winner of the tender for the Khorramabad exploration and development contract.  In 2006, the $107 million contract was approved and signed.  (Congressional Research Service, August 2006)
Statoil (Norway)
~ In October 2002 Statoil signed an agreement with Iran to develop phases 6, 7, & 8 of South Pars gas field.  The company reportedly plans to invest as much as $300 million in the $2.6 billion South Pars gas field. (Energy Information Agency, Dept.  of Energy, August 2006)
Bow Valley Energy Ltd. (Canada)
~ In April 1999, Iran awarded Bow Valley a 15 % stake to develop the offshore Balal field.  Total and ENI are also invested in the field a reported total of $300 million. (Congressional Research Service, August 2006)
China National Petroleum Corp (China) - Sheer Energy (Canada)
~ In January 2007 the China National Petroleum Corp (CNPC) signed a memorandum of understanding to invest $3.6 billion to develop a portion of the South Pars natural gas field. (Dow Jones Newswires, January 12, 2007)
Gazprom (Russia)
~ In September 1997, Gazprom signed a $2 billion contract along with Petronas and Total to develop phases 2 and 3 of the South Pars natural gas field.  (Congressional Research Service, August 2006)
Lukoil (Russia)
~ On February 18, 2006, Lukoil and the National Iranian Oil Company singed a contract for the joint geophysical and geological study of Moghan and Lali prospective blocks.  (Lukoil Press Release, January 18, 2007)
GVA Consultants (Sweden)
~ In March 2001, GVA Consultants signed a Caspian Sea transit contract worth an estimated $225 million. GVA was later acquired by Halliburton in November 2001. In March 2005, Halliburton said it would no longer take on new business in Iran.  On April 9, 2007 Halliburton announced that all of its contractual commitments in Iran had been completed and the company was no longer working in Iran (Congressional Research Service, August 2006 & Halliburton Press Release April 9, 2007)
OMV (Austria)
~ In June 2005 OMV reportedly signed a joint venture agreement for the planned 'Nabucco' pipeline project which would transport natural gas. The construction cost of the pipeline is estimated at 4.6 billion euros. (The Financial Times, June 27, 2006)
ENAP (Chile)
~ In October 2001, Repsol in conjunction with OMV, ENAP (through its subsidiary Sipetrol) signed an agreement to explore the Mehr oil block.  In May 2006, the state-owned oil company announced it would sell its 33 % stake in the Mehr oil block due to the rising risk of doing business in Iran.  (Platts Oilgram News, February 2, 2007 and Global Insight, May 12, 2006)