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UPDATE 1-Venezuela loses appeal over Crystallex attachment of assets

(Adds details, context, request for comment to PDVSA)

July 29 (Reuters) - A U.S. federal appeals court on Monday rejected an appeal by Venezuela's state-owned oil company to set aside an order allowing Canadian gold mining company Crystallex International Corp to attach assets to help satisfy a $1.4 billion judgment.

The 3rd U.S. Circuit Court of Appeals in Philadelphia said a lower court acted within its discretion to attach Petroleos de Venezuela's shares of its U.S. unit, which owns Citgo Petroleum Corp.

Crystallex had won the judgment as compensation for the expropriation of its assets in Venezuela under late leftist President Hugo Chavez.

"The District Court acted within its jurisdiction when it issued a writ of attachment on PDVSA's shares of PDVH to satisfy Crystellex's judgment against Venezuela, and the PDVH shares are not immune from attachment," Judge Leonard Stark wrote, referring to PDVSA's U.S. unit.

It was not immediately clear whether PDVSA will ask the court to reconsider the decision, or appeal to the U.S. Supreme Court. Neither PDVSA nor Venezuela's oil ministry immediately responded to requests for comment. (Reporting by Jonathan Stempel in New York and Luc Cohen in Caracas Editing by Paul Simao)