<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, 1997 and the related consolidated statement of income for the
year then ended and is qualified in its entirety by reference to such financial
statements. 
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                         DEC-31-1997
<PERIOD-START>                            JAN-01-1997
<PERIOD-END>                              DEC-31-1997
<CASH>                                         31,268
<SECURITIES>                                        0         
<RECEIVABLES>                                   4,007
<ALLOWANCES>                                        0
<INVENTORY>                                    30,678
<CURRENT-ASSETS>                               68,264 
<PP&E>                                        275,901
<DEPRECIATION>                              (106,368)
<TOTAL-ASSETS>                                253,828
<CURRENT-LIABILITIES>                          32,340
<BONDS>                                         8,966
<PREFERRED-MANDATORY>                               0
<PREFERRED>                                         0
<COMMON>                                            0
<OTHER-SE>                                    206,775<F1>
<TOTAL-LIABILITY-AND-EQUITY>                  253,828
<SALES>                                       333,959 
<TOTAL-REVENUES>                              335,312
<CGS>                                         219,486         
<TOTAL-COSTS>                                 219,486 
<OTHER-EXPENSES>                                    0
<LOSS-PROVISION>                                    0
<INTEREST-EXPENSE>                              2,201
<INCOME-PRETAX>                               105,138
<INCOME-TAX>                                        0
<INCOME-CONTINUING>                           105,138
<DISCONTINUED>                                      0 
<EXTRAORDINARY>                                     0
<CHANGES>                                           0 
<NET-INCOME>                                  105,138
<EPS-PRIMARY>                                    4.17
<EPS-DILUTED>                                       0
<FN>

<F1> Due to the nature of the partnership, this represents partners capital.
</FN>