Since you have a NG leak and looking at the general condition of the black pipe and fittings, I would recommend you take that entire gas train apart and re-do it all. The generator is not critical and the weather is moderating so you can have it out of service for a short time.
Most fittings and ******* can be re-used. Some can be eliminated and replaced with longer *******. Use the largest size fittings for as long as you can until you are forced to reduce size b/c of a device’s port size. Dis-assemble, clean all threads w/wire wheel, and start to re-assemble with new pipe dope. Also see if any excessive rust inside – wire brush it out if needed.
If your gas valve is leaking then you can replace it. See the Basotrol links below. I would buy a new one with the same size ports as the generator’s regulator – no need to mess with extra reducers. Also check the generator’s regulator. The diaphragm may be leaking and you could be smelling gas from it. Mfr looks to be Garretson, model KN. See link below for mfr. They make a rebuild kits. Now would be a good time for that too.
I would get rid of that wye strainer. I’ve never seen one of those in a NG application. Not even sure it is rated for NG use. Has it ever been opened to check the amount of debris in the strainer?
Add a union after the gas valve (upstream) inside the enclosure.
I would make provisions for a test port after the gas valve (¼” npt) inside the unit and plug it. (Unless there is already one available.)
On the outside wall of the unit, I would add a pipe strap and standoff to support the regulator, sediment trap and copper tubing connection. It should not be hanging free like it is now.
All of this can be leak tested with liquid soap before running the unit and as you run it.
Paint all of the pipe and fittings with enamel paint – inside and out of the generator enclosure after leak testing. Otherwise it will all rust again.
http://www.baso.com/lib/subdomain/b...ries_Automatic_Gas_Valve_Product_Bulletin.pdf
http://www.baso.com/lib/subdomain/b...utoff_Gas_Valve_Installation_Instructions.pdf
http://www.baso.com/lib/subdomain/b...ement_magnetic_operators_application_note.pdf
http://reader.mediawiremobile.com/BASO/issues/200090/viewer?page=8
https://www.propanecarbs.com/garretson/garretson_kn_demand_regulator.html