Today I fixed the final bit related to the nitrogen gas tank, which is to apply sealing tape to M-NPT connector of the hose to prevent leakage (file: AirGunSealed.jpg)
After application of the tape, no audible leak can be heard from connection between the hose and the air gun.

The general operating procedure for the gas tank is as following:

1. Turn the regulator (blue handle) anti-clockwise still it's loose
2. Turn the valve on nitrogen as tank anti-clockwise, immediately the RHS meter of the regulator would jump to approx 2000 psi. This is the standard pressure for high pressure gas tank
3. Turn the regulator clock-wise slowly until the pressure one the LHS meter face reads approx 60 psi. This is sufficient for drying parts with. At this point, the flow pressure still should register zero
4. Press the trigger on the air gun, a high pressure air flow should come out and the flow meter should increase
5. When finished, close the gas tank valve, turn the regulator anti-clockwise, then press the air gun trigger to release gas left in the hose/gun