Trinidad Tobago is diversified, based to a large extent on oil, natural gas, industry and agriculture. It is one of the leading gas-based export centres in the world, being the leading exporter of ammonia and methanol and among the top five exporters of liquefied natural gas. This has allowed Trinidad to capitalise on the biggest mineral reserves within its territories. It is an oil-rich country and stable economically. The Venezuela Tertiary Basin is a subsidence basin formed between the Caribbean and South American plates, and is bounded on the north by the coast ranges of Venezuela and the Northern Range of
Transport in Trinidad and Tobago hire from Port of Spain in a southern direction to either Chaguanas which is considered central Trinidad or to the region of San Fernando located along the South- western coast of Trinidad. The entire PTSC compound located on South Quay Port of Spain is officially referred to as The Port of Spain Transit Centre. The name "City Gate" to which the facility is popularly referred cannot be legally of officially used by the PTSC of on any official documentation used to refer to this facility. Other Maxi Taxis such as the Route one (1) or yellow banded Maxis ply for