With one deal in Beijing Russia redirected energy flows that had run to the West for fifty years, eastward The EU’s cheap-gas lifeline just got handed to Beijing instead. With three signatures, Russia, China and Mongolia rerouted half a century of energy history eastward. On Tuesday, the three countries signed a legally binding memorandum for the Power of Siberia 2 pipeline – a roughly 2,600-km line, at an estimated cost of around $13.6 bn, that will carry 50 billion cubic meters (bcm) of