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,
                                                             -------------------------------
                                                               1997       1996       1995
                                                             ---------  ---------  ---------
<S>                                                          <C>        <C>        <C>
Fixed charges, as defined:
    Interest charges                                         $  50,625  $  43,884  $  41,305
    Preference dividend requirements of the Company                400        985        802
    Preferred dividend requirements of subsidiaries
      adjusted to pre-tax basis                                    ---        ---        ---
                                                             ---------  ---------  ---------
        Total fixed charges                                  $  51,025  $  44,869  $  42,107
                                                             ---------  ---------  ---------

Earnings, as defined (2):
  Earnings (loss) from continuing operations
     before income taxes, minority interest,
     extraordinary item and cumulative effect of
     accounting change                                       $  16,896  $  20,945  $  16,600
  Fixed charges, above                                          51,025     44,869     42,107
  Less interest capitalized                                    (25,818)   (27,102)   (16,211)
  Plus undistributed (earnings) loss of affiliates                 ---       (118)     2,249
  Less preference dividend requirements of the
    Company and its subsidiaries adjusted to pre-tax basis        (400)      (985)      (802)
                                                             ---------  ---------  ---------
                                                             $  41,703  $  37,609  $  43,943
                                                             ---------  ---------  ---------

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


                                                             SEVEN MONTHS
                                                                ENDED
                                                               DEC. 31,     YEAR ENDED MAY 31,
                                                                            ------------------
                                                                1994          1994        1993
                                                             ---------      ---------  ----------
<S>                                                          <C>           <C>        <C>
Fixed charges, as defined:
    Interest charges                                         $  20,285     $  26,951  $   16,336
    Preference dividend requirements of the Company                449           ---         ---
    Preferred dividend requirements of subsidiaries
      adjusted to pre-tax basis                                    ---           364       1,551
                                                             ---------     ---------  ----------
        Total fixed charges                                  $  20,734     $  27,315  $   17,887
                                                             ---------     ---------  ----------

Earnings, as defined (2):
  Earnings (loss) from continuing operations
     before income taxes, minority interest,
     extraordinary item and cumulative effect of
     accounting change                                       $ (22,834)    $ (23,104) $ (147,445)
  Fixed charges, above                                          20,734        27,315      17,887
  Less interest capitalized                                    (11,833)      (16,863)     (6,407)
  Plus undistributed (earnings) loss of affiliates               4,102          (645)      3,012
  Less preference dividend requirements of the
    Company and its subsidiaries adjusted to pre-tax basis        (449)         (364)     (1,551)
                                                             ---------     ---------  ----------
                                                             $ (10,280)    $ (13,661) $ (134,504)
                                                             ---------     ---------  ----------

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

</TABLE>

(1)          Earnings  were  inadequate  to cover fixed charges and preference
dividends  for  the  years  ended December 31, 1997 and 1996 by $9,322,000 and
$7,260,000,  for  the seven months ended December 31, 1994 by $31,014,000, and
for  the  years  ended  May 31, 1994 and 1993 by $40,976,000 and $152,391,000,
respectively.

(2)          Earnings  reflect  nonrecurring writedowns and loss provisions of
$46,153,000  and  $1,058,000  for  the years ended December 31, 1996 and 1995,
$984,000  for  the  seven  months ended December 31, 1994, and $45,754,000 and
$99,883,000  for  the  years  ended  May  31,  1994  and  1993,  respectively.
Nonrecurring  gains  from  the  sale  of    assets  and other gains aggregated
$6,253,000,  $22,189,000,  $13,617,000  and  $56,193,000  for  the years ended
December 31, 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 0.7, 1.4 and 0.7 for the years
ended  December  31,  1997,  1996 and 1995, respectively. Without nonrecurring
items,  earnings  would  have  been  inadequate  to  cover  fixed  charges and
preference  dividends  for  the  years  ended  December  31,  1997 and 1995 by
$15,575,000  and  $10,723,000, for the seven months ended December 31, 1994 by
$30,030,000,  and for the years ended May 31, 1994 and 1993 by $51,415,000 and
$45,183,000,  respectively.