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>

                                                                                        SEVEN MONTHS
                                                             YEAR ENDED                 ENDED
                                                             DECEMBER 31,               DEC. 31,        YEAR ENDED MAY 31,
                                                             -------------------------
                                                                      1996       1995            1994                  1994
                                                             --------------  ---------  --------------  --------------------
Fixed charges, as defined (1):
    Interest charges                                         $      43,884   $ 41,305   $      20,285   $            26,951
    Preference dividend requirements of the Company                    985        802             449                   ---
    Preferred dividend requirements of subsidiaries
      adjusted to pre-tax basis                                        ---        ---             ---                   364
                                                             --------------  ---------  --------------  --------------------
        Total fixed charges                                  $      44,869   $ 42,107   $      20,734   $            27,315
                                                             --------------  ---------  --------------  --------------------

Earnings, as defined (1) (3):
  Earnings (loss) from continuing operations
     before income taxes, minority interest,
     extraordinary item and cumulative effect of
     accounting change                                       $      20,945   $ 16,600   $     (22,834)  $           (23,104)
  Fixed charges, above                                              44,869     42,107          20,734                27,315
  Less interest capitalized                                        (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            (985)      (802)           (449)                 (364)
                                                             --------------  ---------  --------------  --------------------
                                                             $      37,609   $ 43,943   $     (10,280)  $           (13,661)
                                                             --------------  ---------  --------------  --------------------

RATIO OF EARNINGS TO COMBINED FIXED CHARGES
   AND PREFERENCE DIVIDENDS (2) (3)                                    0.8        1.0             ---                   ---
                                                             --------------  ---------  --------------  --------------------



<S>                                                          <C>         <C>



                                                               YEAR ENDED MAY 31,
                                                             ---------------------
                                                                  1993       1992
                                                             ----------  ---------
Fixed charges, as defined (1):
    Interest charges                                         $  16,336   $ 11,066
    Preference dividend requirements of the Company                ---      1,386
    Preferred dividend requirements of subsidiaries
      adjusted to pre-tax basis                                  1,551      1,780
                                                             ----------  ---------
        Total fixed charges                                  $  17,887   $ 14,232
                                                             ----------  ---------

Earnings, as defined (1) (3):
  Earnings (loss) from continuing operations
     before income taxes, minority interest,
     extraordinary item and cumulative effect of
     accounting change                                       $(147,445)  $(87,124)
  Fixed charges, above                                          17,887     14,232
  Less interest capitalized                                     (6,407)    (6,529)
  Plus undistributed (earnings) loss of affiliates               3,012      2,558
  Less preference dividend requirements of the
    Company and its subsidiaries adjusted to pre-tax basis      (1,551)    (3,166)
                                                             ----------  ---------
                                                             $(134,504)  $(80,029)
                                                             ----------  ---------

RATIO OF EARNINGS TO COMBINED FIXED CHARGES
   AND PREFERENCE DIVIDENDS (2) (3)                                ---        ---
                                                             ----------  ---------

</TABLE>


(1)        Earnings include the Company's equity in the losses of an affiliate
whose  debt  was  guaranteed by the Company.  Related interest charges for the
year  ended  May  31, 1992 of $819,000 were excluded from fixed charges due to
the  improbability  that  such  guarantees  would  be  honored.

(2)          Earnings  were  inadequate  to cover fixed charges and preference
dividends  for  the  year ended December 31, 1996 by $7,260,000, for the seven
months ended December 31, 1994 by $31,014,000, and for the years ended May 31,
1994,  1993  and  1992  by  $40,976,000,  $152,391,000  and  $94,261,000,
respectively.

(3)          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,
$99,883,000  and  $48,805,000 for the years ended May 31, 1994, 1993 and 1992,
respectively.    Nonrecurring  gains  from the sale of  assets and other gains
aggregated $22,189,000, $13,617,000 and $56,193,000 for the years
ended December 31, 1996 and 1995 and May 31, 1994, respectively.  The ratio of
combined  earnings  to  fixed  charges and preference dividends if adjusted to
remove  nonrecurring  items,  would  have been 1.4 and 0.7 for the years ended
December 31, 1996 and 1995, respectively. Without nonrecurring items, earnings
would have been inadequate to cover fixed charges and preference dividends for
the  year  ended  December 31, 1995 by $10,723,000, for the seven months ended
December  31,  1994 by $30,030,000, and for the years ended May 31, 1994, 1993
and  1992  by  $51,415,000,  $45,183,000  and    $33,687,000,  respectively.