A valve for incorporation in a gas line through which liquid entrained gas passes, positions a valve seat across the line and arranges a sump adjacent to and upstream of the valve seat. A spherical valve element of a specific gravity less than the entrained liquid in the gas stream is positioned in the sump on a second valve seat therein communicating with a liquid outlet. Entrained liquid in the gas stream collects in the sump, floats the spherical valve element upwardly where the gas flow moves it horizontally into the valve seat in the gas line thus closing the gas line and opening the liquid drain.