We not only believe in the future of coal.
We're building it.
Foresight Energy is a leading producer of thermal coal with over 3 billion tons of coal reserves in the Illinois Basin which we have developed with 4 mining complexes. We have recently completed a 5 year, $1.7 billion capital expenditure program constructing these complexes and related transportation infrastructure.
With over 3 billion tons of coal reserves, we believe we are among the largest holders of coal reserves in the United States and our reserves are sufficient to support over 100 years of production at our current production level.
We operate three of the four mining complexes with longwall mining systems. This highly productive mining method coupled with the favorable geology of our coal has resulted in our mines being among the safest, most productive and lowest cost underground coal mines in the United States.
Our four mining complexes (Williamson, Sugar Camp, Hillsboro, and Macoupin) are designed to support up to 8 longwall mining systems, with a combined productive capacity of up to 71.5 million tons of high Btu coal per year. The longwall mining system at our Williamson complex began operations in 2008 and the first longwall mining systems at our Sugar Camp and Hillboro complexes began operating in March and September of this year.
Our reserves and mines are strategically located near multiple rail and river transportation access points giving us multiple transportation options. Our access to competing rail carriers as well as access to truck and barge transport provides us with cost-competitive flexibility. We own a 25 million ton per year barge-loading river terminal on the Ohio River. We have contractual rights to 12 million tons per year of existing terminal capacity in the Gulf of Mexico. These facilities have long-term, fixed price rail contracts.
Our low operating costs, competitive transportation rates and high heat content of our coal enables us to be cost competitive on a delivered cost per Btu to a wide variety of domestic and international markets. We have been exporting coal through New Orleans since 2008 and through September 2012, have exported 14.6 million tons of coal to Europe, South America, India and China.