Liquefied Natural Gas Ltd says it's been given the all-clear from the Civil Aviation Safety Authority (CASA) to proceed with developing its planned LNG project at Gladstone, Queensland.
The Perth-based company says CASA has determined the Fisherman's Landing project will have no effect on the efficiency and safety of operations at Gladstone Airport.
"No further commonwealth approvals are required for the first stage of the project," chief executive Maurice Brand said in a statement on Tuesday.
"The company now expects its Gladstone LNG project to obtain final development approvals for onshore components in the coming weeks."
The company said earlier this month that a fixed engineering, procurement and construction price for the first LNG processing "train", an LNG tank and associated site infrastructure totalled US$720 million (A$878.4 million).
Although the costs are higher than that estimated by the company in 2008/09, LNG Ltd says they're lower than for other LNG projects.
Shares in LNG Ltd were steady at 37.5 cents at 1339 AEST.
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