The 28-year-old Spanish footballer has been linked with a move to Chelsea but insists that he has no plans to leave the Premier League champions.
Laporte has won four league titles during his time at City and is now determined to help the club win the Champions League for the first time.
He told RMC Sport: “It’s very good for the club and for me.
“I’m happy to benefit people here too by bringing the Premier League trophy. It had never happened.
“So I’m super happy with this season that I’ve had, despite an injury at the end of the season. I was able to hold on until the end.
“Yes [I am staying this season], I’m super happy and fit. The team too. There remains only the common objective, the Champions League, but we will do everything to get it this year.
The Spaniard, who still has three years remaining on his contract also rejected the possibility of a move away from the Premier League.
He said: “I still have three years of contract. I’m happy and the club too.
"I played a lot of minutes: I am the central defender who had the most. I am a reference and I am very happy that the coach and Manchester City have confidence in me. So why not go on for a long time?”