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Pakistan needs SA's support at a global stage. No so much the other way around. If Pakistan would anyway go for IP pipeline, I would guess India could take the opportunity to further develop partnership with SA.
Gilani highlights Saudi-Pakistani ties - Arab News
Associated Press Of Pakistan ( Pakistan's Premier NEWS Agency ) - Pak businessmen to visit Saudi Arabia for enhancing trade: PM
Associated Press Of Pakistan ( Pakistan's Premier NEWS Agency ) - Pakistan, Saudi Arabia sign MoU for collaboration in media
Glad to know we are enhancing our relations even further now
Pak envoy meets with Shoura chief - Arab News
KSA, Pak to jointly fight terror - Arab News
Pakistans Army Chief Kayani calls on Saudi chief of general staff - thenews.com.pk
And that's just the past couple of days. May the Saudi Pakistani Brotherhood shine forever.
Not to sound mercenary but I am sure that Iran can match anything Sauds can give Pakistan.