I have a similar issue (but not as bad) with my 1980s (Australian) Modern Maid Ultima stove.
I love these stoves, we bought a new, middle model one during the clean out when Modern Maid went bust in 1987. Got it for less than half price. Liked it so much that when we moved to the sticks, we bought a used one and converted it to LPG (propane), it worked perfectly.
When building our new home I tracked down a TOL version in 600mm wide (our earlier ones were 540mm) and had it converted to LPG again. This latest one runs a little too hot on the lowest settings and I think I understand why, hopefully the same applies to your stove.
Electric ovens have an "On/Off" thermostat - it turns on till the oven is up to temp, turns off till it has cooled a certain amount, then turns on again.
Gas generally works different (though a few gas ovens work the same way as electric).
Gas ovens don't cycle between on/off - they cycle between high and low. When you first light the oven, it runs on a high flame till it gets close to temperature, then the thermostat gradually lowers the flame till it maintains a constant flame that is just enough to maintain the set temperature. This depends on the low flame being low enough - if the low (minimum)flame is too large, the oven will run hot even if the thermostat is trying to turn it down.
When you convert from Natural Gas to propane, you not only have to change the burner jets, but you also have to either replace or recalibrate the oven thermostat. The "low flame" orifice for Natural gas is larger than the one for LPG, so it's no surprise that it is running hot if the thermostat hasn't been swapped, or its low flame jet replaced. It depends on the particular thermostat in your oven as to whether it can be adjusted (low flame turned down); a low flame orifice replaced; or if the thermostat has to be replaced.
On my stove the low flame is just a tiny bit too high - the old stove could maintain the lowest temp on the dial which is 110 degrees C, the newer stove creeps up to 130 or 140 which is too hot for my annual batch of Christmas puddings.(though strangely it behaved itself last Christmas.)
so if you're very lucky you can turn down the low flame.
the "intense gas smell" worries me - I suspect you might also have a leak. There could be a leak in the pipe from the thermostat dial to the burner, or maybe the oven burner orifice wasn't changed (even the high flame orifice, called the main jet) or not tightened properly, it could be a loose connection.
I wouldn't use the oven till it's fixed.
good luck with it.