The Blues captain still has 12 months to run on his current deal and is in no rush to pen fresh terms, but has hinted that discussions could take place at the end of the season.
"People have to realize that I’ve got a year left at Chelsea after this," Terry told the Evening Standard. "People have spoken about no new contract and this kind of thing but it’s not even on the agenda at the moment.
"They may sit down with me once the season has finished and we’ll start talking then. Whether it’s a yes or a no I’ll continue to give my very best until my contract finishes."
Terry has found first-team opportunities hard to come by this season with injuries and David Luiz and Branislav Ivanovic being preferred, and had made just 12 Premier League appearances so far.
"I have had to focus, dig deep and do a lot of sessions on my own in the gym - which was tough and new to me because it’s the first long injury that I’ve had," he said. "But I’m fit and I’m well now and that’s the main thing.
"I will continue to do everything I can, whether I play or don’t play, to move this football club in the direction that we want to be."