The singer announced the album at the same time as his Noel Gallagher's High Flying Birds record last August and scheduled it for a 2012 release.
However, due to touring commitments, the former Oasis guitarist is doubting whether the experimental album will ever see a release at all.
"It was supposed to be delivered the night I did that press conference and I hadn't been involved in any of the mixing at that point due to being busy with other things." Gallagher is quoted by The Sun as saying.
"Anyway, it was a toss-up whether to announce it in the first place, but I just thought f**k it, I've done it, let's announce it.
"But since then I've been on the road and because of that I've not been in the mixing, and I'm not happy with any of the mixes."
He added: "They're going backward and forward so then the plan was to get mixing done after the tour, but this tour has gone on so long that there's been no time, and that means looking at it next year.
"But by then I fear the moment may have passed."
Gallagher released an Amorphous Androgynous remix of his single 'AKA... What A Life!' last month as the B-side to his latest cut 'Everybody's On The Run'.
Listen to the Amorphous Androgynous remix of Noel Gallagher's 'AKA... What A Life!' below: