A device for drying compressed gas, having an inlet for compressed gas to be dried and an outlet for dried compressed gas. The device includes at least two vessels, a regenerable drying agent and a controllable valve system. By controlling the valve system, the vessels are each in turn successively regenerated. The device is provided with a regeneration conduit splitting off a portion of the dried compressed gas as a regeneration gas and feeding it into the at least one vessel that is being regenerated. The regeneration conduit at least partly extends through an opening in the vessels such that the regeneration gas can be split off from the vessel that dries the compressed gas. A heater is provided in the regeneration conduit for heating the regeneration gas before the regeneration gas is fed through the drying agent into the vessel that is being regenerated.