Doesn't look like there is anything wrong there.
There are 2 things I can think of that could cause your crash. The first is that there is something else interfering with your game. Although, I would not have a clue as to what that could be.
The second is that a specific line in the terrain.cfg file is causing the problem. We can find this out with a test.
Could you place this in your graphics folder and see if the game runs. If it does, then I have another test to test the values your PC can handle.
If the game still crashes on launch than something else is causing the crash. I honestly don't have a clue what it could be in this case.
Let me know what your findings are and I will help where I can.
Afraid this didn't work either, strange. Convinced it's on my side so will see if a fresh gameinstall will do the trick. Thanks a bunch for trying!
Will try that gramps.