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Venezuela's Minister of Petroleum and Mining and president of the state-owned oil company PDVSA, Rafael Ramirez (R), and the CEO of the Italian energy group Ente Nazionale Idrocarburi (ENI), Paolo Scaroni, open the valve of a new pipeline in the Orinoco Oil Belt, a 55,314 square kilometre (21,360 square mile) oil reserve in the Orinoco River area in southeastern Venezuela, on November 22, 2013. PDVSA and ENI, which in 2010 teamed up in a multi-million-dollar exploration and refinery venture to develop the heavy oil Junin 5 block in the eastern Orinoco region, agreed to strengthen their relationship and expand their projects. AFP PHOTO/STR (Photo credit should read --/AFP/Getty Images)

Venezuela's Minister of Petroleum and Mining and president of the state-owned oil company PDVSA, Rafael Ramirez (R), and the CEO of the Italian energy group Ente Nazionale Idrocarburi (ENI), Paolo Scaroni, open the valve of a new pipeline in the Orinoco Oil Belt, a 55,314 square kilometre (21,360 square mile) oil reserve in the Orinoco River area in southeastern Venezuela, on November 22, 2013. PDVSA and ENI, which in 2010 teamed up in a multi-million-dollar exploration and refinery venture to develop the heavy oil Junin 5 block in the eastern Orinoco region, agreed to strengthen their relationship and expand their projects.   AFP PHOTO/STR        (Photo credit should read --/AFP/Getty Images)