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Venezuela’s PDVSA and its partner CNPC have restarted operations at their jointly operated Sinovensa project, where an oil blending plant was shut down last week because of the buildup of excessive stocks, Reuters reports, quoting a person familiar with the matter and an internal document. Excessive stockpiles of crude are one of Venezuela’s problems caused by U.S. sanctions targeting its oil company. Now these must have gone down so the Sinovensa blending plant, which is near Venezuela’s largest oil export terminal, the port…

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