Never would mate.your o-ring is a 15/70 buna.
buna are cheaper than urethane (about 4p per o-ring rather than 40, im sure tom will shout at me because he pays, well probably next to nothing, damn o-ring whore) but wear out quicker, ive had a 15/90 buna on for 6 months and its still fine, and ive got plenty more of them for when that one dies.
you can use it if you need to but ultimately urethane are far better, but buna for stuff like air bottles i find more cost effective, same with non-moving o-rings in guns.