For me it would have been getting the 1/8" olive from a compression fitting and using that in the fitting shown in the photo, If its a standard steam fitting with a taper nipple then it will fit,
Compression fitting one end, 3/16 x 40 steam fitting 'tother.
Not that difficult surely?
Oh, and if you don't want to use the compression olive you could use a nitrile O ring, if it seals sight glasses at over 100psi it will certainly do the job here.
Edited By Lofty76 on 06/11/2014 18:06:50