"The Trump administration has made very clear they support growing LNG exports," Venture CEO Mike Sabel told CNBC in an interview Friday.

Venture Global Inc. shares are indicated to open as much as 6% above their IPO price, after the natural gas exporter raised $1.75 billion in its first-time share sale.

Liquefied natural gas exporter Venture Global said on Thursday it had raised $1.75 billion, marking the first big initial public offering of President Donald Trump's second term as investors bet on his plan to boost U.