Mini MBA: Understanding the Dynamics of Petrochemicals Industry - Virtual Learning
Petrochemicals are used extensively in our daily lives from trivial plastic materials to the high range sophisticated material used in artificial body parts, and medical devices. Petrochemicals business is growing rapidly. Such a rapid growth is also adding to the environmental risks.
To an existing oil & gas producing and refining, it is very important to expand its hydrocarbon value chain by expanding into petrochemical business both to improve capital productive, by fully utilizing hydrocarbon by-products, and reduce the crude oil price risk for the integrated producing, refining and petrochemical business.
This Gulf Rowad Mini-MBA in Understanding the Dynamics of the Petrochemicals Industry training course has been designed to enable participants to learn more about the value of petrochemicals and the success factors that can improve financial performance and help companies to survive during low prices and thrive when prices improve.
In this Gulf Rowad training course, the participants will gain the technical knowledge and business expertise and be able to:
Determine the basic chemicals groups, and the rearrangement of Hydrocarbons chains in the process of adding economic value, and the measure of conversion and yield in a refinery
Understand the basic refining operations and the business of petrochemicals
Determine the project management evaluation and the key considerations in selecting proper technology, capital, and operating costs for the project
Identify the technical and economic merits and the challenges in integrating petroleum refinery with petrochemicals
Differentiate the petrochemical business concepts and individual merits with examples of Strategies / Business Models of Integrated Oil Companies, National Oil Companies and Non-Oil Companies
Understand the petrochemical innovations, challenges & future trends
Recognize and effectively deal the environmental issues arising from the rapid growth in the use of plastics
5 Days
1620 Sessions
Starting from USD 2,000
Available Face to Face
Course Methodology
This dynamic and highly interactive Gulf Rowad Mini-MBA in Understanding the Dynamics of the Petrochemicals Industry is designed to encourage delegate participation through a combination of group discussion, practical exercises case studies, quizzes and an extensive use of short videos highlighting the petrochemical operations, environmental and safety considerations to reinforce new knowledge and skills, and discussion of practical issues in their organizations.
Course Objectives
By the end of this Gulf Rowad training course, the participants will be able to:
- Master the petrochemical value chain from the raw oil & gas to finished plastics, and other high vale sophisticated material used in improving the quality of lives
- Enhance their knowledge of oil & gas production, refining, petrochemical operations, manufacturing, demand forecasting, sales contracts, prices, distribution, sales, etc.
- Evaluate the petrochemical markets, business strategies and petrochemical models
- Confidently discuss the technical terms, concepts and buzzwords in the petrochemical industry with your peers and clients
Target Audience
This Mini-MBA in Oil & Gas Technology of Gulf Rowad, Understanding the Dynamics of the Petrochemicals Industry training course is designed to train and improve the business knowledge of a wide range of professionals as follows:
- Business Development Managers
- Corporate Planning Professionals
- Geoscience & Engineering Professionals
- Refinery Professionals
- Supply Planners & Scheduling Professionals
- Government Regulators
- Law Professionals
- Tax & Finance Advisors
- Auditing Personnel
- Compliance Officers
- Equity Analyst and Bankers
- Joint Venture Officers
- Negotiators and Contracting Professionals
- Trading Professionals
Target Competencies
Organisational Impact
By sending their employees to this Gulf Rowad Mini-MBA in Oil & Gas Technology training course, the organization will gain a wider range of sills that participants gain and henceforth apply in theirs workspace that will directly benefits their respective companies.
- Offers a wider management perspective of global petrochemical business and highlights the success factors in each category of several business models
- Defines how innovations in energy and petrochemicals are helping to drive economic growth and improve living standards around the world
- Clarifies how we can achieve these goals while delivering value to shareholders
- Inculcates the corporate culture of effectively dealing with the core issues, tactics and essential concepts of successfully running the petrochemical business
Personal Impact
Each participant will be able to enhance technical knowledge and business skills of Petrochemical Industry that will directly benefit his/her career growth.
- Master the core competencies of Petrochemical Industry
- Sharpen the business skills by learning those technique that improve capital productivity and operational excellence
- Understand the value chain optimization in Petrochemical Industry and apply at the workplace to improve stockholders value
- Be fully cognizant of success factors of the different categories of the Petrochemical Industry – NOC’s, IOC’s, pure Chemical Companies, Pure Refining Companies, their relative strengths and weaknesses
Course Outline
Day 1
Crude Oil Supply and Refining
- Introduction to Course
- Essence of International Oil Supply – Global Reserves, Production & Trade
- Introduction to Global Oil Business - Exploration, Extraction, Refining, Marketing, Transportation
- Global Oil Resources – World Oil and Gas Reserves, Production of Oil and Gas
- Industry Units – For the USA, Europe and Asia, Conversion Factors
- Crude Oil Classifications
- Crude Oil Quality Indictors, Crude Oil Characterization by Assays
- Crude Oil Distillation – Refined Products
- Oil Industry Units and Conversion Factors
- Fundamentals of Oil Economics
- Delivered Price of Crude Oil – The Concept GPW (Gross Product Worth)
- Value of Crude Oil and the Determining Factors in Crude Selection
- Introduction to Crude Oil Refining - Distillation
- Refinery Configurations
- Topping
- Hydroskimming
- Cracking
- Coking
Day 2
Refinery Economics and Petrochemicals
- Refinery Development
- Refinery Economics
- Net Refining Margin Calculation
- Introduction to Petrochemical
- What are Petrochemicals?
- Oil & Gas Value Chain leading to Petrochemicals – 2
- Classification of Petrochemicals
- How PC derived from Well Head to Products
- PC History and Its Key Role
- The Beginning of Petrochemical Industry
- Petrochemical Applications in Daily Life
- Petrochemical Applications in Health Care
- Basic Chemistry
- Basic Organic Chemistry
- Key Properties of Organic Chemicals
- Classification of Chemicals into Groups
- The Building Blocks in Petrochemicals
- Reactions / Process Technologies Of Petrochemical Industry
Day 3
Petrochemical Feedstocks, Processes and Equipment
- Feedstock For Petrochemicals
- The Different Raw Material For Petrochemicals from C1 to C50
- Different Feedstock Sources For Petrochemicals
- World Oil Refining and Petrochemicals Output Composition
- Difference between Fuels and Chemicals
- “Alternate Value” of Hydrocarbons: Gasoline Pool vs. Petrochemicals
- World Gas Oil Industry Basic Functions
- Petrochemical Processes And Equipment
- The Overview of Hydrocarbons Groups in Crude Oil
- The Basic Refining Operations and Processes
- The Working Knowledge of Basic Equipment Used in Petrochemical Industry
- Rearrangement of Hydrocarbons Chains
- The Measure of Conversion and Yield in Refinery
- Refinery-Petrochemical Integration
- Identify the Seven Basic Chemicals
- Learn What is meant by the Integration of Refining and Petrochemicals
- Explore What are the Benefits and Challenges of Integrating Refinery with Petrochemicals
Day 4
Petrochemical Value Chains and Markets
- Petrochemical Value Chains I
- Understand the Concept of Value Chain
- Understand How Series of Upgrades are Made From the Raw Material to the Finished Products
- Learn How these Value Chain are Optimized
- Understand the Chemical Linkage from Hydrocarbons to End Uses
- Petrochemical Value Chains II
- Exploring Olefins Value Chain - Ethylene, Propylene, and Polyvinyl Chloride
- Understanding How Their Demand is Driven
- Olefins Product Applications and Manufacturing Technology
- Petrochemical Markets-Mod9
- The Global Chemical Business
- Looking at the Chemical Industry Market Segments
- Learning Basic Market Research
- Learn What is Forecasting
- Explore The Forecasting / Planning Techniques
Day 5
Strategies and Project Evaluation
- Petrochemical Strategies
- Define the Petrochemical Participation Concept
- With Examples of Strategies / Business Models of
- International Oil Companies
- National Oil Companies
- Non-Oil Companies
- International Oil Companies Key Strategies
- National Oil Companies - Chemicals Business Structure and Key Strategies
- Major Non-Oil Companies Competitive Advantage
- Major Business Incentives - Five Categories
- Know about The Best in Class summary
- Understand The Key Success Factors
- Petrochemical Project Evaluation
- What are project management, and its core activities and considerations?
- Project Management Evaluation Steps
- What are the considerations in selecting proper technology, capital, and operating costs for the project?
- Capital Cost Estimates Accuracy
- The Different Ways of Conducting Financial Evaluation - Measures for Its Success and Adding Share-holder Value
- Comparative Measures of Performance
- Investment Appraisal Methods
- Project Selection Criteria
- Conclusions
- Petrochemical Innovations, Challenges & Future Trends
- What are the Drivers for Innovations in Petrochemicals?
- Innovations in Petrochemicals – Hi Tech
- Innovations to Meet Market Demand – MTO
- Emergence of Bio-feedstock’s
- How the Unique Properties of Petrochemicals Cater to the Different Industries
- What are the Refining Challenges, Future Trends, and Risks involved in Petrochemicals
2026 Schedule & Fees
Course Fees Starting From
USD
2,000
| Date | City | Language | Price | Action |
|---|---|---|---|---|
| 28 Jun - 02 Jul, 2026 | Online | English | USD 2,000 | Book |
| 28 Jun - 02 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 05 Jul - 09 Jul, 2026 | Online | English | USD 2,000 | Book |
| 05 Jul - 09 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 12 Jul - 16 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 12 Jul - 16 Jul, 2026 | Online | English | USD 2,000 | Book |
| 19 Jul - 23 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 19 Jul - 23 Jul, 2026 | Online | English | USD 2,000 | Book |
| 26 Jul - 30 Jul, 2026 | Online | English | USD 2,000 | Book |
| 26 Jul - 30 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 02 Aug - 06 Aug, 2026 | Online | English | USD 2,000 | Book |
| 02 Aug - 06 Aug, 2026 | Online | Arabic | USD 2,000 | Book |
| 09 Aug - 13 Aug, 2026 | Online | Arabic | USD 2,000 | Book |
| 09 Aug - 13 Aug, 2026 | Online | English | USD 2,000 | Book |
| 16 Aug - 20 Aug, 2026 | Online | Arabic | USD 2,000 | Book |
| 16 Aug - 20 Aug, 2026 | Online | English | USD 2,000 | Book |
| 23 Aug - 27 Aug, 2026 | Online | Arabic | USD 2,000 | Book |
| 23 Aug - 27 Aug, 2026 | Online | English | USD 2,000 | Book |
| 30 Aug - 03 Sep, 2026 | Online | Arabic | USD 2,000 | Book |
| 30 Aug - 03 Sep, 2026 | Online | English | USD 2,000 | Book |
| 06 Sep - 10 Sep, 2026 | Online | Arabic | USD 2,000 | Book |
| 06 Sep - 10 Sep, 2026 | Online | English | USD 2,000 | Book |
| 13 Sep - 17 Sep, 2026 | Online | Arabic | USD 2,000 | Book |
| 13 Sep - 17 Sep, 2026 | Online | English | USD 2,000 | Book |
| 20 Sep - 24 Sep, 2026 | Online | English | USD 2,000 | Book |
| 20 Sep - 24 Sep, 2026 | Online | Arabic | USD 2,000 | Book |
| 27 Sep - 01 Oct, 2026 | Online | English | USD 2,000 | Book |
| 27 Sep - 01 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 04 Oct - 08 Oct, 2026 | Online | English | USD 2,000 | Book |
| 04 Oct - 08 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 11 Oct - 15 Oct, 2026 | Online | English | USD 2,000 | Book |
| 11 Oct - 15 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 18 Oct - 22 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 18 Oct - 22 Oct, 2026 | Online | English | USD 2,000 | Book |
| 25 Oct - 29 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 25 Oct - 29 Oct, 2026 | Online | English | USD 2,000 | Book |
| 01 Nov - 05 Nov, 2026 | Online | Arabic | USD 2,000 | Book |
| 01 Nov - 05 Nov, 2026 | Online | English | USD 2,000 | Book |
| 08 Nov - 12 Nov, 2026 | Online | Arabic | USD 2,000 | Book |
| 08 Nov - 12 Nov, 2026 | Online | English | USD 2,000 | Book |
| 15 Nov - 19 Nov, 2026 | Online | Arabic | USD 2,000 | Book |
| 15 Nov - 19 Nov, 2026 | Online | English | USD 2,000 | Book |
| 22 Nov - 26 Nov, 2026 | Online | Arabic | USD 2,000 | Book |
| 22 Nov - 26 Nov, 2026 | Online | English | USD 2,000 | Book |
| 29 Nov - 03 Dec, 2026 | Online | English | USD 2,000 | Book |
| 29 Nov - 03 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
| 06 Dec - 10 Dec, 2026 | Online | English | USD 2,000 | Book |
| 06 Dec - 10 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
| 13 Dec - 17 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
| 13 Dec - 17 Dec, 2026 | Online | English | USD 2,000 | Book |
| 20 Dec - 24 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
| 20 Dec - 24 Dec, 2026 | Online | English | USD 2,000 | Book |
| 27 Dec - 31 Dec, 2026 | Online | English | USD 2,000 | Book |
| 27 Dec - 31 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
Face to Face Courses
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
5 Days
1566 Sessions
Oil Gas Technology
Jun
28
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
28 Jun – 02 Jul 2026
Fee
USD 4,000
Jun
28
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
28 Jun 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Jul
05
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
05 Jul – 09 Jul 2026
Fee
USD 4,000
Jul
05
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
05 Jul 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Jul
12
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
12 Jul – 16 Jul 2026
Fee
USD 4,000
Jul
12
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
12 Jul 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Jul
19
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
19 Jul – 23 Jul 2026
Fee
USD 4,000
Jul
19
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
19 Jul 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Jul
26
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
26 Jul – 30 Jul 2026
Fee
USD 4,000
Jul
26
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
26 Jul 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Aug
02
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
02 Aug – 06 Aug 2026
Fee
USD 4,000
Aug
02
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
02 Aug 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Aug
09
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
09 Aug – 13 Aug 2026
Fee
USD 4,000
Aug
09
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
09 Aug 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Aug
16
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
16 Aug – 20 Aug 2026
Fee
USD 4,000
Aug
16
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
16 Aug 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Aug
23
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
23 Aug – 27 Aug 2026
Fee
USD 4,000
Aug
23
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
23 Aug 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Aug
30
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
30 Aug – 03 Sep 2026
Fee
USD 4,000
Aug
30
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
30 Aug 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Sep
06
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
06 Sep – 10 Sep 2026
Fee
USD 4,000
Sep
06
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
06 Sep 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Sep
13
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
13 Sep – 17 Sep 2026
Fee
USD 4,000
Sep
13
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
13 Sep 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Sep
20
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
20 Sep – 24 Sep 2026
Fee
USD 4,000
Sep
20
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
20 Sep 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Sep
27
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
27 Sep – 01 Oct 2026
Fee
USD 4,000
Sep
27
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
27 Sep 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Oct
04
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
04 Oct – 08 Oct 2026
Fee
USD 4,000
Oct
04
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
04 Oct 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Oct
11
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
11 Oct – 15 Oct 2026
Fee
USD 4,000
Oct
11
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
11 Oct 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Oct
18
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
18 Oct – 22 Oct 2026
Fee
USD 4,000
Oct
18
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
18 Oct 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Oct
25
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
25 Oct – 29 Oct 2026
Fee
USD 4,000
Oct
25
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
25 Oct 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Nov
01
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
01 Nov – 05 Nov 2026
Fee
USD 4,000
Nov
01
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
01 Nov 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Nov
08
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
08 Nov – 12 Nov 2026
Fee
USD 4,000
Nov
08
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
08 Nov 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Nov
15
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
15 Nov – 19 Nov 2026
Fee
USD 4,000
Nov
15
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
15 Nov 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Nov
22
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
22 Nov – 26 Nov 2026
Fee
USD 4,000
Nov
22
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
22 Nov 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Nov
29
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
29 Nov – 03 Dec 2026
Fee
USD 4,000
Nov
29
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
29 Nov 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Dec
06
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
06 Dec – 10 Dec 2026
Fee
USD 4,000
Dec
06
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
06 Dec 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Dec
13
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
13 Dec – 17 Dec 2026
Fee
USD 4,000
Dec
13
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
13 Dec 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Dec
20
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
20 Dec – 24 Dec 2026
Fee
USD 4,000
Dec
20
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
20 Dec 2026 · English · Sharm El Sheikh
Fee
USD 4,000
Dec
27
2026
Face to Face English
Sharm El Sheikh 5 days
Mini MBA: Understanding the Dynamics of Petrochemicals Industry
27 Dec – 31 Dec 2026
Fee
USD 4,000
Dec
27
2026
Face to Face
Mini MBA: Understanding the Dynamics of Petrochemicals...
27 Dec 2026 · English · Sharm El Sheikh
Fee
USD 4,000
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