the item marked in figure is regulator solenoid it is not a valve, it is a safety regulator which cut-off supply if ignition key is turned but engine is not cranked.
Lazy bone winter is around and any day after 15th October gas rationing will be announced. Get the petrol tank fixed, a leaking petrol tank is like explosive on wheels even with ' fumes ' . be nice to yourself & to your family avoid taking chances with explosives.