The oil facility was part of the $6.2 billion that the United Arab Emirates announced to give to Pakistan in December to help the country overcome the serious economic woes. The development could again bring under stress Pakistan's foreign currency reserves that have so far been maintained with help of friendly countries, a media report said.

from Times of India https://timesofindia.indiatimes.com/business/international-business/pakistan-fails-to-secure-3-2-billion-uae-oil-facility/articleshow/68412374.cms