"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.

Venture Global's shares were indicated to open up to 6% above their offer price in their debut on the New York Stock Exchange on Friday, giving the LNG exporter a potential valuation of $64.11 billion.

Venture Global launched its initial public offering with a lofty goal: Raise up to $2.3 billion at a $110 billion valuation in the biggest stock-market debut since summer. The market had different plans.