The world’s most populous country, India, is bracing for a third consecutive year of rising oil prices. 

Oil prices fell more than $2 a barrel this year to their lowest levels in over a decade. 

As the country struggles to deal with the fallout from the massive oil spill in the North Sea in April, oil companies are gearing up for a bumper harvest in 2017, which could push prices higher. 

A key concern is that the spill could lead to a second oil spill. 

While the oil industry is well-equipped to deal, its a different story for the local people, said Dr. Arjun Raman, director of the Centre for Environmental Studies at Jawaharlal Nehru University in New Delhi. 

“It is a very dangerous time to be in this country.

Oil companies are not ready for this type of spill,” he said. 

The spill that devastated the Northsea and affected over 2 million people last year was a result of a leak in a well pad on a large oil field.

The spill spilled some 200 million barrels of oil into the Gulf of Mexico and into the Atlantic Ocean. 

It has since been estimated that at least 2 million barrels were spilled in India, and the oil is still leaking. 

Some experts believe that the total oil spill could exceed the 2 million barrel spill.

“Oil spill, a big one.

There are a lot of experts who are saying the total amount is at least three to four times larger than that,” said Dr Rajendra Kumar, senior petroleum geologist at the Indian Institute of Science. 

One of the biggest oil spills occurred in 2007, when an oil well in western Gujarat spewed 1.4 million barrels into the Arabian Sea.

The state of Gujarat is now reeling from another oil spill, this time in the state of Maharashtra. 

According to data collected by the oil ministry, about 5.3 million barrels have been spilled since 2010 in India. 

There are currently over 5 million oil wells in India and many are still active, according to the oil department. 

This is in stark contrast to the North Korea oil crisis in 2009, which was a major blow to the country’s oil industry, but in the end cost the country around $1 trillion. 

India has some of the worst air pollution in the world, with about 100,000 people dying each year due to the pollutants, according the World Health Organization. 

But the problem with oil is that it is a global commodity and it is still largely unregulated in many countries.

The oil industry says it is not worried, and that the oil spill is just a temporary phenomenon. 

 “I don’t think the spill will have an effect on the overall economy,” said Shriram Sahu, president of India’s Oil and Natural Gas Corporation. 

Dr. Raman says that even though there has been a large amount of investment in the oil and gas industry, many are not prepared for the risk of oil spills.

“The country is facing the biggest global economic challenges,” he told  The Times. 

Experts believe that if oil prices do rise higher in 2017 the country could experience a spike in oil production. 

However, experts say that the country will likely experience more oil spills as it has been producing oil for a very long time.