EXHIBIT 12.2
                     TRITON ENERGY LIMITED AND SUBSIDIARIES
     COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERENCE
                                    DIVIDENDS
                          (IN THOUSANDS, EXCEPT RATIOS)
                                   (UNAUDITED)





 <TABLE>
<CAPTION>


                                                                 YEAR ENDED DECEMBER 31,
                                                   ------------------------------------------------------
                                                     2000       1999        1998       1997       1996
                                                   ---------  ---------  ----------  ---------  ---------
<S>                                                <C>        <C>        <C>         <C>        <C>
Fixed charges, as defined:
  Interest charges                                 $ 42,685   $ 38,231   $  50,253   $ 50,625   $ 43,884
  Preference dividend requirements of
    the Company                                      29,278     28,671       3,061        400        985
  Preferred dividend requirements of
    subsidiaries adjusted to pre-tax basis              ---        ---         ---        ---        ---
                                                   ---------  ---------  ----------  ---------  ---------

      Total fixed charges                          $ 71,963   $ 66,902   $  53,314   $ 51,025   $ 44,869
                                                   =========  =========  ==========  =========  =========

Earnings, as defined (2):
  Earnings (loss) before income taxes,
    extraordinary item and cumultive effect of
    accounting change                              $136,726   $ 76,177   $(238,609)  $ 16,896   $ 20,945
  Fixed charges, above                               71,963     66,902      53,314     51,025     44,869
  Less interest capitalized                         (24,077)   (14,539)    (23,215)   (25,818)   (27,102)
  Plus undistributed (earnings) loss of affiliates       35         28         ---        ---       (118)
  Less preference dividend requirements of
     the Company and its subsidiaries adjusted
     to pre-tax basis                               (29,278)   (28,671)     (3,061)      (400)      (985)
                                                   ---------  ---------  ----------  ---------  ---------

                                                   $155,369   $ 99,897   $(211,571)  $ 41,703   $ 37,609
                                                   =========  =========  ==========  =========  =========

RATIO OF EARNINGS TO COMBINED FIXED CHARGES
  AND PREFERENCE DIVIDENDS (1) (2)                      2.2        1.5         ---        0.8        0.8
                                                   =========  =========  ==========  =========  =========

</TABLE>
____________________


(1)     Earnings  were inadequate to cover combined fixed charges and preference
dividends  for the years ended December 31, 1998, 1997 and 1996 by $264,885,000,
$9,322,000  and  $7,260,000,  respectively.

(2)     Earnings  reflect  nonrecurring  writedowns  and  loss  provisions  of
$55,119,000,  $5,159,000,  $348,064,000  and  $46,153,000  for  the  years ended
December  31,  2000,  1999, 1998 and 1996, respectively. Nonrecurring gains from
the  sale  of  assets  and  other  gains  aggregated  $442,000,  $125,617,000,
$6,253,000 and $22,189,000 for the years ended December 31, 1999, 1998, 1997 and
1996,  respectively.  The  ratio  of  earnings  to  combined  fixed  charges and
preference  dividends  if adjusted to remove nonrecurring items, would have been
2.9,  1.6,  0.2,  0.7 and 1.4 for the years ended December 31, 2000, 1999, 1998,
1997  and  1996,  respectively.  Without nonrecurring items, earnings would have
been inadequate to cover combined fixed charges and preference dividends for the
years  ended  December  31,  1998  and  1997  by  $42,438,000  and  $15,575,000,
respectively.