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>

<S>                                                <C>         <C>        <C>        <C>       <C>          <C>
                                                                                                  SEVEN
                                                                                                 MONTHS       YEAR
                                                                                                 ENDING      ENDING
                                                              YEAR ENDING DECEMBER 31,         DECEMBER 31,   MAY 31,
                                                   -------------------------------------------

                                                      1998       1997       1996       1995        1994        1994
                                                   ----------  ---------  ---------  ---------  ----------  ----------
Fixed charges, as defined:
Interest charges                                   $  50,253   $ 50,625   $ 43,884   $ 41,305   $  20,285   $  26,951
Preference dividend requirements of
  the Company                                          3,061        400        985        802         449         ---
Preferred dividend requirements of
  subsidiaries adjusted to pre-tax basis                 ---        ---        ---        ---         ---         364
                                                   ----------  ---------  ---------  ---------  ----------  ----------

Total fixed charges                                $  53,314   $ 51,025   $ 44,869   $ 42,107   $  20,734   $  27,315
                                                   ==========  =========  =========  =========  ==========  ==========

Earnings, as defined (2):
Earnings (loss) from continuing operations
  before income taxes, minority interest and
  extraordinary item                               $(238,609)  $ 16,896   $ 20,945   $ 16,600   $ (22,834)  $ (23,104)
Fixed charges, above                                  53,314     51,025     44,869     42,107      20,734      27,315
Less interest capitalized                            (23,215)   (25,818)   (27,102)   (16,211)    (11,833)    (16,863)
Plus undistributed (earnings) loss of affiliates         ---        ---       (118)     2,249       4,102        (645)
Less preference dividend requirements of
   the Company and its subsidiaries adjusted
   to pre-tax basis                                   (3,061)      (400)      (985)      (802)       (449)       (364)
                                                   ----------  ---------  ---------  ---------  ----------  ----------

                                                   $(211,571)  $ 41,703   $ 37,609   $ 43,943   $ (10,280)  $ (13,661)
                                                   ==========  =========  =========  =========  ==========  ==========

RATIO OF EARNINGS TO COMBINED FIXED CHARGES
  AND PREFERENCE DIVIDENDS (1) (2)                       ---        0.8        0.8        1.0         ---         ---
                                                   ==========  =========  =========  =========  ==========  ==========

____________________

</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, for the seven months ended December 31,
1994  by  $31,014,000  and  for  the  year  ended  May  31, 1994 by $40,976,000.

(2)     Earnings  reflect  nonrecurring  writedowns  and  loss  provisions  of
$348,064,000,  $46,153,000 and $1,058,000 for the years ended December 31, 1998,
1996  and  1995,  respectively, $984,000 for the seven months ended December 31,
1994  and  $45,754,000  for the year ended May 31, 1994. Nonrecurring gains from
the  sale  of  assets  and  other  gains  aggregated  $125,617,000,  $6,253,000,
$22,189,000,  $13,617,000 and $56,193,000 for the years ended December 31, 1998,
1997,  1996  and  1995  and May 31, 1994, respectively. The ratio of earnings to
combined  fixed  charges  and  preference  dividends  if  adjusted  to  remove
nonrecurring  items,  would  have been 0.2, 0.7, 1.4 and 0.7 for the years ended
December  31,  1998,  1997,  1996  and 1995, respectively.  Without nonrecurring
items,  earnings  would have been inadequate to cover combined fixed charges and
preference  dividends  for  the  years ended December 31, 1998, 1997 and 1995 by
$42,438,000,  $15,575,000  and  $10,723,000,  respectively, for the seven months
ended  December  31,  1994 by $30,030,000 and for the year ended May 31, 1994 by
$51,415,000.