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

Energy company Venture Global prices 70 million shares at $25 — the middle of its reduced $23-$27 price range.

Venture Global slashes IPO valuation by 40%, facing investor concerns over long-term profit outlook for LNG production.

Venture Global LNG has raised $1.75 billion after pricing its U.S. initial public offering within range, the second-largest exporter of liquefied natural gas in the United States said on Thursday. The company priced its offering of 70 million shares at $25 each,

The company plans to increase its share offering from 50 million to up to 62 million in its potential New York flotation.