<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
TRANSAMERICAN REFINING CORPORATION'S UNAUDITED CONDENSED BALANCE SHEET AT
OCTOBER 31, 1998 AND THE UNAUDITED CONDENSED STATEMENT OF OPERATIONS FOR THE
NINE MONTHS ENDED OCTOBER 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANICAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          JAN-31-1999
<PERIOD-START>                             FEB-01-1998
<PERIOD-END>                               OCT-31-1998
<CASH>                                          46,324
<SECURITIES>                                         0
<RECEIVABLES>                                    3,403
<ALLOWANCES>                                         0
<INVENTORY>                                     30,649
<CURRENT-ASSETS>                                82,680
<PP&E>                                       1,417,885
<DEPRECIATION>                                  32,271
<TOTAL-ASSETS>                               1,514,791
<CURRENT-LIABILITIES>                          143,968
<BONDS>                                      1,111,463
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           300
<OTHER-SE>                                     248,796
<TOTAL-LIABILITY-AND-EQUITY>                 1,514,791
<SALES>                                         66,701
<TOTAL-REVENUES>                                70,700
<CGS>                                           66,821
<TOTAL-COSTS>                                  106,403
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              10,785
<INCOME-PRETAX>                               (42,561)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                           (42,561)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                (1,294)
<CHANGES>                                        2,674
<NET-INCOME>                                  (41,181)
<EPS-PRIMARY>                                   (1.37)
<EPS-DILUTED>                                   (1.37)