Table:
|  | Total | 2020 | 2021 | 2022 |
| --- | --- | --- | --- | --- |
|  | $ | $ | $ | $ |
| Consolidated LNG carriers (i) | 49,652 | 11,979 | 22,382 | 15,291 |
| Bahrain LNG Joint Venture (ii) | 11,351 | 11,351 | — | — |
|  | 61,003 | 23,330 | 22,382 | 15,291 |
Paragraphs:
a) Vessels Under Construction and Upgrades
Teekay LNG's share of commitments to fund newbuilding and other construction contract costs as at December 31, 2019 are as follows:
(i) In June 2019, Teekay LNG entered into an agreement with a contractor to supply equipment on certain of its LNG carriers in 2021 and 2022, for an estimated installed cost of approximately $60.6 million. As at December 31, 2019, the estimated remaining cost of this installation is $49.7 million.
(ii) Teekay LNG has a 30% ownership interest in the Bahrain LNG Joint Venture which has an LNG receiving and regasification terminal in Bahrain. The Bahrain LNG Joint Venture has secured undrawn debt financing of $34 million, of which $10 million relates to Teekay LNG's proportionate share of the commitments included in the table above.
Question:
What as the remaining cost of installation as at December 31, 2019?
Answer: As at December 31, 2019, the estimated remaining cost of this installation is $49.7 million.