Even as Enron Corporation is preparing to exit from the Dabhol Power project in India, the US-based firm has bowed out of a $3.5 billion project to route Qatari gas to the United Arab Emirates and sold its stake in Dolphin Energy Ltd (DEL), the project chairman and US firm announced on Monday. Enron sold its stake to the UAE Offsets Group (UOG) for an undisclosed amount.