<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED STATEMENT OF FINANCIAL POSITION OF TERRA NITROGEN COMPANY, L.P. AS
OF DECEMBER 31, 1996 AND THE RELATED CONSOLIDATED STATEMENT OF INCOME FOR THE
YEAR THEN ENDED.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                          46,762
<SECURITIES>                                         0
<RECEIVABLES>                                   11,054
<ALLOWANCES>                                         0
<INVENTORY>                                     29,698
<CURRENT-ASSETS>                               108,347
<PP&E>                                         267,437
<DEPRECIATION>                                (94,686)
<TOTAL-ASSETS>                                 306,668
<CURRENT-LIABILITIES>                           58,828
<BONDS>                                          3,036
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                     243,744<F1>
<TOTAL-LIABILITY-AND-EQUITY>                   306,668
<SALES>                                        362,730
<TOTAL-REVENUES>                               363,138
<CGS>                                          177,502
<TOTAL-COSTS>                                  177,502
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               1,210
<INCOME-PRETAX>                                177,633
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            177,633
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   177,633
<EPS-PRIMARY>                                     6.35
<EPS-DILUTED>                                        0
<FN>
<F1>DUE TO THE NATURE OF THE PARTNERSHIP, THIS REPRESENT PARTNERS CAPITAL.
</FN>