UPDATE 1-CERAWEEK-Project financing less important for new LNG projects, Venture Global CEO says

More funding for future liquefied natural gas (LNG) plants will rely on internal financing instead of the project financing that has paid for most projects to date, Venture Global LNG 's CEO said on Tuesday. The U.S. has become the world's largest LNG exporter due to the shale gas revolution and construction of massive liquefaction plants, most funded by bank and project financing. "Increasingly we will see less project financing and more financing from the balance sheet,", said Venture Global LNG CEO Michael Sabel.