BP plc’s primary focus for global natural gas markets today is centered on “flow assurance,” to move enough supply to European countries that remain dependent on Russia, top executives said Tuesday. 

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CEO Bernard Looney was joined by CFO Murray Auchincloss to discuss first quarter performance. The London-based major for several years has been the No. 1 natural gas marketer in North America. It also is a top oil and gas trader around the world.

The focus today is “making sure that molecules get from the producing locations to the consumers,” Auchincloss said. “We think that’s exceptionally important right now, given where the world is. So they’re very focused on flow assurance and making sure that energy flows generally, and our trading organization is set up to make...