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
Endemic flora of Trinidad and Tobago rate of endemism, probably as a result of its geological history. The islands of Trinidad and Tobago lie on the South American continental shelf, and were both connected to the mainland during the Pleistocene. Tobago was separated from the mainland about 13,000 years ago; Trinidad was connected until more recently, and may only have become separated about 1,500 years ago. The flora of Trinidad and Tobago has been estimated to include about 2,500 vascular plant species. Although historically as many as 222 species were thought to be endemic, a study by Veerle Van den Eynden and colleagues at the University