The forward’s future has been the subject of speculation for some time, with reports linking him with a move to Italian champions Juventus.
However, Bielsa has dismissed stories suggesting the 27-year-old will leave when the transfer window opens next month.
“The situation is what it is. Llorente leaving in January is something the club have rejected,” said the Argentine.
"There is already a fixed position, and his presence gives us something extra.
"What happened was nothing different to what was discussed. We have all given our opinions. It would be worth analysing if the situation were not the same as it is now, but there is nothing different.
"I have given my opinion, everyone has, it won't add anything new," Bielsa added.
The Spanish international has just seven months left to run on his current deal.